Open Solutions acquires Calypso Canada
September 27, 2011, Oakville, ON – Open Solutions has acquired the assets and employees of Calypso Canada from Transaction Network Services.
Based in Calgary, Calypso Canada provides communication and processing services to the Canadian ATM marketplace, including processing and connectivity support for all major ATM types and card schemes. The company delivers fully managed, end-to-end ATM connectivity solutions, including broadband, wireless and dial-up. The company also supports a broad range of value-added services, such as remote ATM monitoring and management.
The addition of Calypso Canada's ATMs brings the total number of devices on Open Solutions' ATM network to more than 12,000.
“This acquisition joins two well established and highly regarded ATM processors in the Canadian marketplace,” said Rob Palin, general manager of Open Solutions’ Payment Solutions Group. “It enables Open Solutions to leverage industry leading technology at each organization, providing best of breed ATM processing and enhanced client services. We believe the combined company will provide the Canadian ATM industry with even more innovative products and enhanced service delivery.”
Calypso Canada employees will join Open Solutions, bringing their technical expertise, industry experience and customer service skills. The company will offer bilingual support to its expanded ATM network across multiple time zones.