Billdesk to Acquire Worldline’s India Operations for $70 Million

According to the companies, the acquisition will include a long-term technology collaboration to maintain Worldline’s software infrastructure in India, ensuring service continuity for existing clients.

Summary

Billdesk will acquire Worldline’s India payment business in a deal worth about $70 million, with an enterprise value of $43.6 million. The agreement includes a long-term technology and software cooperation to keep Worldline’s software stack operational in India, ensuring continuity for existing customers.

Terms & Concepts
  • Technology Partnership: A formal collaboration between companies to share and maintain technology systems or software platforms.
  • Software Stack: A collection of software components and technologies that work together to provide a complete operational framework for applications.