{"id":8161,"date":"2011-02-10T12:25:37","date_gmt":"2011-02-10T20:25:37","guid":{"rendered":"http:\/\/www.dfcint.com\/dossier\/?post_type=news&#038;p=8161"},"modified":"2018-07-26T18:12:21","modified_gmt":"2018-07-26T18:12:21","slug":"visa-buys-playspan","status":"publish","type":"post","link":"https:\/\/www.dfcint.com\/dossier\/visa-buys-playspan\/","title":{"rendered":"Visa Buys PlaySpan"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" class=\"alignleft wp-image-9940 size-full\" src=\"http:\/\/www.dfcint.com\/dossier\/wp-content\/uploads\/2011\/02\/playspan-e1428554497512.jpg\" alt=\"playspan\" width=\"400\" height=\"267\" \/>FEB. 10, 2011 \u2022 Visa Inc. is acquiring the digital goods transaction firm PlaySpan Inc. in Santa Clara, Calif. PlaySpan is being purchased for around\u00a0$190 million in cash, plus additional consideration for performance milestones. The acquisition is expected to be completed in Visa&#8217;s fiscal second quarter 2011 after regulatory approvals are obtained.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><em>Impact: PlaySpan,had raised about $46 million\u00a0 in the four years prior to the Visa acquisition so this was a nice payout for investors.\u00a0 However, for Visa this is a fairly small investment to get into the growing digital goods business.\u00a0 PlaySpan offers a service that allows users to select from a wide range of payment options to buy virtual goods.\u00a0 What will be interesting to watch is if competing payment solution providers are attractive to such companies as American Express.\u00a0 In the end, it could mean consolidation of payment solutions among a handful of providers that are able to handle the bulk of the background plumbing.\u00a0<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FEB. 10, 2011 \u2022 Visa Inc. is acquiring the digital goods transaction firm PlaySpan Inc. in Santa Clara, Calif. PlaySpan is being purchased for around\u00a0$190 million in cash, plus additional consideration for performance milestones. The acquisition is expected to be completed in Visa&#8217;s fiscal second quarter 2011 after regulatory approvals are obtained. Impact: PlaySpan,had raised [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[123,78],"tags":[424],"_links":{"self":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/8161"}],"collection":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/comments?post=8161"}],"version-history":[{"count":6,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/8161\/revisions"}],"predecessor-version":[{"id":16677,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/8161\/revisions\/16677"}],"wp:attachment":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/media?parent=8161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/categories?post=8161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/tags?post=8161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}