The 19th (AustriaCard) and 23rd (Tag Systems) largest payment card manufacturers worldwide have merged. When combined, AustriaCard and Tag Systems will rank 13th largest worldwide. AustriaCard Holdings controls 73.4% of the shares of the combined entity. Tag Systems’ management will remain with the company, which will operate under the Tag Systems name as a subsidiary of AustriaCard. The company owns three manufacturing facilities and eight personalization centers in Europe, as well as personalization centers in North America and South America. Other businesses of AustriaCard are In...