Through its acquisitions, VeriFone Systems Inc. soon could become the largest terminal maker in the world.

On Nov. 17, the San Jose, Calif.-based company announced an all-stock purchase of its rival Hypercom Corp. valued at $485 million, including net debt VeriFone would assume (see story).This is a step up from the $280 million hostile bid VeriFone made public in September.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry