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Google Reportedly In Talks To Buy SoftCard

On 20 January 2015

TechCrunch is reporting that Google is rumored to be in talks with Verizon T-Mobile and AT&T backed SoftCard. TechCrunch says the deal is supposedly under $100 million which would be a great bargain for Google to gain more patents in the contactless mobile wallet world.  SoftCard is reportedy in a consolidation phase in their business and has already laid off about 60 percent of their workforce. TechCrunch reports that Microsoft and PayPal are also trying to acquire the mobile payment company.

 

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Read 804 times Last modified on Sunday, 22 February 2015 20:43
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