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Emerging Technologies
Verifone Acquired Hypercom: Consolidation and Anticipation in the POS Terminal Market
Posted:
November 19, 2010
Author:
Mercator Research
Abstract:
Over the past ten years, second tier POS terminal makers have been common acquisition targets by the three top tier POS terminal vendors. And now there are two as Hypercom will now be a part of VeriFone. VeriFone has been on a tear the last couple of years, expanding its services portfolio and doing well in North America. Hypercom's acquisition positions the company for success in Europe, and beyond, for both high-function POS terminals and VeriFone's growing services suite.
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