PLANO, Texas — Retail software provider Retalix, whose U.S. office is based here, announced that it has acquired MTXEPS, a provider of electronic payment software solutions for retailers, delivered via software-as-service (SaaS) and in-store models.
MTXEPS, Aliso Viejo, Calif., has solutions deployed directly, or through partner channels (including Retalix), in more than 20,000 stores in North America. Retalix has acquired all of MTXEPS' shares for approximately $18.95 million in cash.
Additional cash consideration of up to $6 million may be paid over the course of the next two years based on the achievement of certain performance metrics.
