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Construction : Deals | November 2013 | Source : Construction Update

Hitachi acquires Chennai-based Prizm Payment

Chennai-based ATM payment services provider, Prizm Payment is being bought by Hitachi for an undisclosed amount. Media reports say the deal, which is expected to be completed in February, sees Winvest Holdings (India), Sequoia Capital, Axis Bank and other minority shareholders selling their stake to Hitachi. The buying will increase Hitachi’s customer base of major financial institutions, and know -how of payment systems, cash operations and management systems for financial institutions, and other expertise.
 
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