eServGlobal to sell Telco business to Oracle for US$93.75m and Focus on Mobile Payments

26th May 2010 Telecommunications-based transaction management specialist, eServGlobal (ASX: ESV; AIM: ESG) has entered into a conditional agreement to sell its USP Business and USP Products to Oracle (NASDAQ:ORCL) for up to US$93.75m (£65m, A$113.4m). Upon completion, the company intends to focus on its non-USP Business – which contributed 58% eServGlobal’s total revenue in the […]