Global Payments to Buy Two Divisions of Active Network in $1.2 Billion Deal
Summary
Global Payments Inc. said Thursday it has agreed to buy the communities and sports divisions of technology and media company Active Network Inc. in a cash and stock deal valued at roughly $1.2 billion. Active Network, which makes software that helps Web users find and register for events online, was taken private by Vista Equity Partners in 2013.
Classifications
industries
Hospitality
applications
Sales and Marketing
AskAI Classifications
Labels
Event Management Software
Recreation Management Software
Payment Processing Software
Linked Companies
ACTIVE Network, LLC
$100M to $250M