21 February 2018
Visit www.capgemini.com/worldreports

BitPass buys Yaga assets

05 January 2006  |  2458 views  |  0 Source: BitPass

BitPass, Inc., provider of the leading commerce platform for digital content and services, has acquired substantially all the assets of Yaga, Inc., a developer of payment and accounting solutions for content providers.

Under the purchase agreement, BitPass gains Yaga's technology platform, intellectual property and customer contracts, and the Yaga team will join BitPass. BitPass now offers an expanded solution for content sales, promotions and rewards that supports the full range of payment options, including stored value accounts, pay-as-you-go, subscriptions and payment aggregation.

Yaga's customers include United Media, Ziff Davis Media, Time Inc., and CanWest Global Communications Corp., Canada's leading international media company. These customers join BitPass' growing merchant base, which includes Microsoft, Disney and more than 3,000 enrolled content providers.

"We look forward to working with BitPass because they recognize the value of Yaga's platform in improving our flexibility in selling new forms of digital content, like streaming video and rich media," said Jason Erdahl, Operations Manager, Milwaukee Journal Sentinel.

"The combination of Yaga and BitPass will create a powerful offering to content providers that will lead the marketplace," said Vijay Vaidyanathan, CEO and CTO, Yaga. "I am very happy that we have been able to work with BitPass - an industry leader with great momentum, strong financial backing and seasoned management - to help our customers innovate for the future."

"The combination of Yaga and BitPass brings a world of new offerings to help our customers expand their efforts in monetizing their digital content," said Doug Knopper, CEO, BitPass. "We couldn't be happier with the positive momentum that we're seeing in the marketplace and with the leadership position that we have taken."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit http://info.nice.comVisit https://www.capgemini.com

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10064 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9681 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8448 views comments | 13 tweets | 12 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7109 views comments | 8 tweets | 12 linkedin
hands typing furiouslyMaking Customer Experience Your Business
6807 views 0 | 7 tweets | 5 linkedin

Featured job

Find your next job