Announced

Visa to acquire Bell and Ecebs from Rambus.

Synopsis

Visa, an American multinational financial services corporation, agreed to acquire the token services and ticketing businesses Bell and Ecebs from Rambus, a premier silicon IP and chip provider. Financial terms were not disclosed. “Facilitating safer, more secure digital transactions is core to Visa’s brand promise and central to growing electronic payments for everyone, everywhere. As the way people and businesses pay and get paid continues to evolve, the addition of Rambus’ technology will allow us to deliver greater security beyond the card to support more transactions, payments systems and participants,” said TS Anil, SVP, global head of payment products and platforms, Visa. “Going forward, we will apply these expanded capabilities, expertise and scale to help further all forms of global commerce.”

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