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July 21, 2016 12:42 pm GMT

MasterCard jumps into UK payments technologies, buys VocaLink for up to $1.14B

British poundsFor those keeping tabs, one morebig tech company built and operating in the UK has been snapped upby another company from abroad. Today, MasterCard Inc. announced that it has agreed to acquire 92.4% of VocaLink — the tech giantbehindthe UK’sATM, direct debit, and major mobile payments networks — for $1.14 billion in an all-cash deal: 700 million ($920 million)… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VleuMwUE4tg/

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