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PXP Solutions Acquired by bwin.party digital entertainment’s Kalixa Payments Group

On 27th May 2014, online gaming company bwin.party digital entertainment announced that its Kalixa payment group has acquired PXP solutions – a private company with a 27yr old track record in the card payment processing sector. The company did not disclose the financial terms of the acquisition, as yet.

Kalixa is on-course to become a significant player in the digital payments arena. Today’s acquisition provides excellent cross-selling opportunities for both Kalixa and PXP and has created a payments business with a balanced portfolio of customers, sectors, and geographies across Europe starting to enter the US and APAC, stated the CEO of bwin.party, Norbert Teufelberger, i ...

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