Announced
Financials
Sources
Tags
United States
SMB retail customers
software
Domestic
Software
Acquisition
Pending
Friendly
Majority
Private
Single Bidder
Synopsis
NMI, a full commerce enablement company, agreed to acquire Sphere's Commercial Division, a business unit serving primarily non-integrated SMB retail customers, from Sphere, a provider of end-to-end integrated payments and software. Financial terms were not disclosed. "Sphere's founding mission is to revolutionize software integration for smoother and more secure payment experiences in key industries," Andrew Rueff, Sphere Executive Chairman.
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