1. Google buys TxVia and Square is champion of mobile payments.
Private Shares quick note.
Google buys www.txvia.com a mobile payments technology company for an
undisclosed amount http://tcrn.ch/HLngVW .
Square www.squareup.com is one of the best positioned private companies in
the industry. Founded in 2009 it has got experience and market share to
perform while other companies are rushing to get organized and funded:
Boku, Buck, Card.io , Modo Payments.
The sector is critical to major companies, they want to secure a good place
there. Visa is perhaps the outstanding champion.
Giant operators attentions increase chances of acquisitions at premium,
remunerative exits for private companies.
Some companies aim higher than a decent exit. Square has a pedigree: co-
founder Jack Dorsey has been co-founder at Twitter and is familiar with grand
enterprises.
Square secured $ 168 million in 3 financing rounds and is valued already in the
$ 1 Billion area. http://www.crunchbase.com/company/square