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Qpass buys Altamedius to tap European m-commerce

SEATTLE-M-commerce software developer Qpass has acquired Altamedius, a Dublin, Ireland-based multichannel payment technology provider, the companies announced yesterday.

Qpass said the acquisition will help it exploit the growing m-commerce market in Europe. It hopes to widen distribution of its Qpass Prosperity Series software to Altamedius’ carrier customers, furthering the sales of value-added services and supporting customer-care efforts.

“Altamedius is recognized in the industry as having a ‘best-of-breed’ financial-grade payments technology,” said Chase Franklin, Qpass’ chief executive officer. “We are pleased to have the opportunity to offer mobile operators around the world a mobile-commerce solution of ever-increasing strength to meet the needs for expanded service offerings in the years to come.”

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