VeriFone to Acquire Hypercom

Electronic payment terminal vendor VeriFone Systems announced a definitive agreement to acquire Hypercom, Scottsdale, Ariz., another payment terminal provider, in an all-stock transaction valued at approximately $485 million, including net debt assumed by VeriFone.

SAN JOSE, Calif. — Electronic payment terminal vendor VeriFone Systems here today announced a definitive agreement to acquire Hypercom, Scottsdale, Ariz., another payment terminal provider, in an all-stock transaction valued at approximately $485 million, including net debt assumed by VeriFone.

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