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Sophos founders Jan Hruska and Peter Lammer, Hruska and Lammer, who started the company in 1985 and stepped down as joint chief executives in 2005, will make GBP 500 million between them from the sale, according to Fintech Futures.
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CombineSell leverages technology to enable merchants to sell on multichannel ecommerce platforms, and drive campaigns for business growth.
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The merger is the response to the opportunity created by the relaxation of rules on sports betting in the US.
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With this acquisition, Atos reinforces its global position in cybersecurity and expands its offering in the field of digital identity management and PKI (Public Key Infrastructure) solutions.
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This will allow PayPal to become one of the first international companies to gain a payments licence in China.
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