The transaction is part of Ingenico`s strategy to leverage on the growth of payment transactions in the near future. easycash is a point of sale network service provider and offers customised card-based payment solutions and credit card routing to merchant customers. In 2008, the company`s revenues reached EUR 85.7 million. This year, according to the easycash management forecasts, the company is expected to generate pro forma revenue close to EUR 100 million, as a result of internal and external growth in Germany.
The implementation of final agreement is subject to the approval of German anti-trust authority, Bundeskartellamt, and consultation of Ingenico SA workers council.
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