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Ingenico Agrees To Acquire European Online Payment Services Provider, Ogone, For €360M To Build Out Multi-Channel Payments Strategy

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http://techcrunch.com – A spot of consolidation in the payments space today. Ingenico, a global payment provider which focuses on secure electronic transactions at point-of-sale, said it has reached an agreement in principle with Summit Partners to acquire Brussels-based, pan-European online merchant payment services provider Ogone for €360 million — paying €120 million in cash and €240 million via bank credit. Ingenico said the acquisition furthers its strategy of becoming a “one-stop-shop” multi-channel payments provider, with Ogone’s online platform helping to build out its exis (IT news)