Ingenico to Buy Ogone for $484 Million in E-Payment Push
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Ingenico SA, a French provider of payment terminals and services, agreed to buy online-payment company Ogone for 360 million euros ($484 million) as part of a push to expand outside Europe.
Acquiring closely held Ogone, which makes software for electronic transactions over the Internet, will boost profit from 2014, Paris-based Ingenico said today in an e-mailed statement. Savings will add 20 million euros in earnings before interest, taxes, depreciation and amortization in 2015, it said.