Cayan: TSYS, Thales spend billions to get ahead of industry trends
In a move designed to strengthen its capabilities for integrated payments, processor and technology provider Total System Services has agreed to acquire Cayan for $1.05 billion. The news shortly follows another deal valued in the billions - Thales agreeing to buy the chip maker Gemalto for $5.4 billion.
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Cayan is a payment technology company that provides software development, integrated payment solutions and merchant acquiring services.
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