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MasterCard Buys Analytics Company

MasterCard has acquired Applied Predictive Technologies (APT) for $600 million in cash. APT, a cloud-based analytics company, will become part of the Information Services unit within MasterCard Advisors, the professional services arm of MasterCard, which also provides consulting and managed services. APT has been in business for 15 years. MasterCard Advisors operates in over 60 countries. Clients are financial institutions, merchants, governments, and advertisers. APT, headquartered in the U.S., operates in 26 countries and has offices in London, Sydney, Taipei, and Tokyo. It offers Test &a...

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