Jason Alden | Bloomberg | Getty Images
The Google logo is displayed on the screen of an iPhone.
Google
is in talks to buy mobile-payments company Softcard, technology news
website TechCrunch reported on Friday, citing people familiar with the
matter.
The deal could help pair Google with the largest U.S. wireless carriers to battle Apple and its new Apple Pay service, TechCrunch wrote.
Read More Plaxo founder charged with murder
The deal may be valued below $100 million, the report said citing sources.
Softcard is jointly owned by AT&T, Verizon Communication's Verizon Wireless and T-Mobile US.
Google was not immediately available for comment outside regular U.S. business hours.
Read MoreBooze, food and liquor—with the click of an app!
"We do not comment on merger speculation," said a Softcard representative.
The deal could help pair Google with the largest U.S. wireless carriers to battle Apple and its new Apple Pay service, TechCrunch wrote.
Read More Plaxo founder charged with murder
The deal may be valued below $100 million, the report said citing sources.
Softcard is jointly owned by AT&T, Verizon Communication's Verizon Wireless and T-Mobile US.
Google was not immediately available for comment outside regular U.S. business hours.
Read MoreBooze, food and liquor—with the click of an app!
"We do not comment on merger speculation," said a Softcard representative.
No comments:
Post a Comment