Flexible Electronics News

Gemalto Acquires Mobile Payment Platform from Ericsson

IPX will join Gemalto's Software & Services business line

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Gemalto announced that it closed the acquisition of Ericsson Internet Payment Exchange AB (IPX) with the exception of operations in U.S., from Telefonaktiebolaget LM Ericsson. Created by Ericsson, IPX has developed one of the leading mobile payment and messaging platforms in the world. IPX connects more than 1,000 customers to more than 120 mobile network operators (MNOs). IPX also operates payment platforms as a white label service for various operators. IPX, which is headquartered in Stock...

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