November 2008
Bank Technology News;Nov2008, Vol. 21 Issue 11, p10
Trade Publication
The article offers international news briefs related to business. eBay Inc. has forked over $945 million in cash and options to acquire Bill Me Later Inc. Tata Consultancy Services Ltd. has taken over Citi company's overseas Global Services Inc. outsourced processing business. Symantec Corp. has bulked up its SAAS market position in a $695 million acquisition of MessageLabs Inc.


Related Articles

  • ACQUISITIONS:.  // Chain Store Age;Dec2008, Vol. 84 Issue 12, p52 

    The article reports that eBay, in San Jose, California, has completed its deal to purchase Bill Me Later for $945 million in 2008. eBay bought Bill Me Later, an online-payment processor used by retailers based on Timonium, Maryland for $820 million in cash and $125 million-worth of outstanding...

  • BRIEFS.  // CardLine;11/14/2008, Vol. 8 Issue 46, p39 

    The article reports on the acquisition of Bill Me Inc. by Ebay Inc. for $820 million in cash and about $125 million worth of outstanding stock options.

  • Ebay Sheds Workers, Buys Companies. Corcoran, Cate T. // WWD: Women's Wear Daily;10/7/2008, Vol. 196 Issue 74, p2 

    The article reports on the plan of eBay Inc. in cutting off some of its workforce including 1,000 employees as well as buy alternative payment company Bill Me Later Inc. According to eBay, the layoffs are designed to cut costs and streamline its organization. John Donahoe, eBay president and...

  • eBay Misses Expectations. Lee, Michael // Red Herring;1/21/2009, p2 

    The article reports on the financial performance of eBay in fiscal year 2008. The company posted a net income of $1.8 billion, or $1.36 per share, on revenue of $8.5 billion for the 2008 fiscal year. The company also completed several acquisitions in the fourth quarter, including Bill Me Later,...

  • Bill Me Later's eBay Deal Expands Its Client Base. Wolfe, Daniel // American Banker;4/13/2009, Vol. 174 Issue 69, p8 

    The article discusses Bill Me Later Inc. Bill Me is an online instant credit provider which was purchased by eBay Inc. and is now involved in risk management. Bill Me focuses on merchants with over $20 million in sales where cards aren't present each year. EBay also owns PayPal Inc. which is an...

  • EBAY BUYS BILL ME LATER FOR $820 MILLION.  // CardLine;10/10/2008, Vol. 8 Issue 41, p5 

    The article reports on the acquisition of online-payment company Bill Me Later Inc. by Ebay Inc. in the U.S. for nearly $820 million. The Internet company expects that the deal will generate an estimated $150 million in revenue in 2009. Ebay anticipates to close the deal in the fourth quarter of...

  • BILL ME LATER'S EBAY DEAL ADVANCES FRAUD TECHNOLOGY.  // CardLine;4/17/2009, Vol. 9 Issue 16, p24 

    The article reports that the acquisition of Bill Me Later Inc. by eBay Inc. has enabled it to tap into the risk management expertise of PayPal Inc. and expand down-market years ahead of schedule. Bill Me Later has started working only with the largest and most established merchants. It is stated...

  • TCS Rides to the Citi. MAHALINGAM, T. V. // Business Today;11/2/2008, Vol. 17 Issue 22, p46 

    The article offers information on Tata Consultancy Services Ltd.'s (TCS) acquisition of Citigroup Global Services Ltd. (CGSL), a business process outsourcing (BPO) arm of Citigroup Inc., in India. N. Chandrasekaran claims that the acquisition actually enables TCS gain several strategic benefits...

  • ALSO IN THE NEWS.  // Cards & Payments;Nov2008, Vol. 21 Issue 11, p8 

    The article provides information on various developments in the credit card industry in the U.S. Ebay Inc. has announced its acquisition of onlne-payments firm, Bill Me Later Inc. Another is the partnership of NYCE Payments Network LLC and MoneyPass ATM Network to offer surcharge-free ATMs. It...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics