Paris : ING

May 12, 2011 18:36 ET

Ingenico Takes Note of the Decision of the U.S. Department of Justice

NEUILLY-SUR-SEINE, FRANCE--(Marketwire - May 12, 2011) -

Ingenico takes note of the decision of the U.S. Department of Justice

Neuilly sur Seine - May 12, 2011. Ingenico takes note of the decision of the U.S. Department of Justice (DoJ) to file antitrust lawsuit to stop Verifone from buying Hypercom and entering into divesture agreement of Hypercom's U.S. assets with Ingenico.

Considering the timeline, Ingenico anticipates that it may not be in a position to successfully close the deal.

Ingenico regrets the decision of the DoJ as it considers that the transaction would make sense for the customers, reinforcing competition on the US market.

Ingenico considers that it has the required assets, especially resulting from its new Telium range, to offer attractive solutions to small merchants and large retailers on the U.S. market.

About Ingenico (Euronext: FR0000125346 - ING)

Ingenico is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 3,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on


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Source: INGENICO via Thomson Reuters ONE


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