Realex acquired by Global Payments
The Irish payment gateway has been bought by a US-based Fortune 1000 company for a cool €115 million.
Silverink has been working alongside Realex for the past 15yrs, providing reliable and cutting-edge e-commerce solutions to a wide range of Web clients. We've always found the entire team extremely capable and helpful, so we're really happy for them.
Colm Lyon - Realex founder and CEO - said: "We are thrilled to be joining the Global Payments team. It’s great news for our customers, for our employees, and for Ireland .. they can avail of Global Payments unmatched international presence, entering new markets and driving their global ecommerce business like never before .. our company will be at the heart of ecommerce for a Fortune 1000 company that services over 1.5 million merchants."
Global Payments' Chief Executive Officer Jeff Sloan expanded "Realex Payments represents a strategic investment to expand our international omni-channel technology offerings, enhancing our go-to-market strategy in one of our largest regions with industry leading value-added products and services. We are excited to further invest in our European businesses, continue to leverage our multinational footprint and accelerate our growth opportunities at a favourable time in Europe."
We're delighted to see the core team will remain in Dublin and London, and we look forward to recommending the Realex service to a new generation of website clients.