US giant snaps up Irish firm Realex Payments for £84.7m
The Dublin-based online payments firm Realex Payments has been sold for €115m (£84.7m) to US giant Global Payments
The Irish company was set up and run by businessman Colm Lyon.
"Going forward, the company will be at the heart of ecommerce for a Fortune 1000 company that services over 1.5 million merchants," said Mr Lyon.
Realex Payments is one of Europe's largest and fastest growing online payment companies, processing more than €28bn (£20.6bn) per annum on behalf of 12,500 clients.
Global Payments is a Fortune 1000 Company based in Atlantia, Georgia, with merchants and partners in 28 countries.