Salt Lake-based Category 5 Technologies Inc. said Tuesday it has completed its acquisition of Transaxis SA, a Swiss company with offices in Geneva, Switzerland, and London.
Terms were not announced.
Transaxis provides brick-and-mortar and Internet-based businesses with advanced payment processing technology and products.
The acquisition gives Category 5 access to payment processing and fraud detection technology for incorporation into its suite of products and services it will sell to small and medium-sized businesses in England and Europe.