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Hewlett-Packard acquired Verifone in a $1.18bn stock-swap deal in April 1997. [29] Four years later Verifone was sold to Gores Technology Group in May 2001. In 2002 Verifone was recapitalized by GTCR Golder Rauner, LLC. In 2005, Verifone was listed as a public company on New York Stock Exchange (NYSE: PAY). [30] [31] [32] [33]
VeriFone Systems, Inc. ("VeriFone") (NYS: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale ...
Bergeron resigned as CEO of VeriFone in March, 2013, following 12 years at the helm. VeriFone’s enterprise value as of May, 2012 was approximately $5 billion. The Bergeron/GTCR acquisition of VeriFone is widely considered to be one of the most successful private equity investments of the decade. [6] [2]
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On Wednesday, VeriFone Systems will release its latest quarterly results. With its stock having plunged after giving troubling guidance back in February, the payment processor has something to ...
The ExxonMobil Speedpass was based on the Texas Instruments TIRIS RFID platform. It was originally designed by Verifone in two configurations; one intended for installation inside the fuel dispensing "pump", and a convenience store model known as the Verifone RF250 (which was a redesign of the Ingenico iSC250 reader for smart cards).
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