While it was widely forecast that Oberthur would have the year’s biggest tech IPO in 2015, it now seems it is not to be. Oberthur Technologies (OT) has shelved plans to launch its planned IPO, citing concerns about market strength. Oberthur is not exactly alone...
After months of speculation and concerns last week that the deal might not come through, it seems Visa’s plan to acquire Visa Europe will make it over the finish line after all. The two companies announced in a statement this morning a definitive agreement for...
Ready. Set. Shop. That is the major takeaway from the roundup of retail headlines now that the spooky (Halloween) season is officially over. Where consumers are going to shop, how they are going to shop and, most importantly, how much they’re going to spend is...
There are a variety of visions for what the bank of the future should be — a coffee shop, a digital destination accessible mainly from a smartphone — but for the good folks over at Number26, the bank of the future basically isn’t a bank...
French security tech and smartcard maker Oberthur Technologies has announced it is heading for an IPO on the Euronext Paris exchange. The Advent International-owned firm further noted that it expected to see sales exceed €1 billion ($1.13 billion) by the end of 2015. That is...
As the good people at Morton Salt first said in 1911, “when it rains, it pours.” And last week that rain came in the form of IPOs, with big updates from Square, big news for the widely coveted Worldpay and something of a big letdown for...
The world’s largest watchmaker by revenue, Swatch, is attempting to develop the next big thing in wearables for the Chinese market. This places it squarely in competition with Apple, which has been working overtime lately to push its high-end smartwatch to the average Chinese consumer. The...
Worldpay has made its debut on the London Stock Exchange in what is the U.K.’s largest IPO of the year. The payments processing firm is looking at a market cap of £4.8 billion ($7.3 billion) on £2.40 a share ($3.66). That puts Worldpay’s share price squarely in...
Americans hit the road en masse this weekend. A little-known fact is that Columbus Day is actually the second most road traffic-producing holiday of the year, following only Thanksgiving. Nationwide, citizens have set out to leaf peep (in the Northeast), drink cider and enjoy the...