News

Sagem Denmark acquires Finnish provider of payment solutions

December 20, 2005

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

Manison, with 20 employees in Helsinki, Finland, as well as operations in Norway and Sweden, develops value-added software solutions and products for the POS 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, managing director and chief executive officer of Sagem Denmark. "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."