Sagem Denmark acquires Finnish payment solutions provider

Sagem Denmark acquires Finnish payment solutions provider
Tags: Bank / Credit Union, Cryptera, Debit / Credit, EMV, Encrypting Pin Pads (EPP), Other, Refurbished / Used ATMs, Security, Transaction Processing
December 26, 2005

GLOSTRUP, Denmark - Sagem Denmark A/S has acquired Manison Maksujärjestelmät Oy (aka Manison), according to a news release.

Manison, which has 20 employees in Helsinki, Finland, and operations in Norway and Sweden, develops value-added software solutions and products for the point-of-sale payment market.

"The Manison acquisition is very significant in bringing us closer to our customers and partners geographically in our endeavors to give them the best possible service," said Kaj Christiansen, Sagem Denmark's managing director and chief executive. "The acquisition of Manison brings us one step closer to our goal of being the leading player in our main markets in the Nordic region for payment terminals and self-service payment solutions."