Tuesday, October 16, 2012
On-Line Strategies Acquired By Atlanta Firm
Dallas-based On-Line Strategies, a developer of software used for processing complex, large-volume and high-speed consumer-driven transactions, has been acquired by Atlanta-based company InComm, the two said late Monday. Financial terms of the buy were not disclosed. On-Line Strategies develops transaction processing software and services used by retailers, financial institutions, and others to deal with the vast amounts of data generated from payment activity. The companies said that OLS will operate as a wholly-owned subsidiary of InComm, with its current management team. InComm provides prepaid product and transaction services.