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Announced

Completed

Hitachi Payment Services completed the acquisition of the cash management business of Writer Corporation.

Synopsis

Hitachi Payment Services, an end-to-end payments and commerce solutions provider, completed the acquisition of the cash management business of Writer Corporation, a multi-business enterprise. Financial terms were not disclosed. "We are committed to providing solutions that effectively meet the varied needs of our customers. Through Hitachi Cash Management Services, we will be able to deliver comprehensive servicesto financial institutions and retail merchants, furthering our vision of becoming an end-to-end payments and commerce solutions provider. We are also happy to introduce Anup Neogi as the Managing Director and CEO of Hitachi Cash Management Services. Anup's exceptional career trajectory and extensive experience in the Cash Management space makes him an exemplary leader, poised to steer the company towards new heights of success," Sumil Vikamsey, Hitachi Payment Services Managing Director and CEO.

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