Adyen to Acquire Orb to Unify Billing and Payments Infrastructure for Enterprise Merchants
Adyen
"Adyen announced it has entered into a definitive agreement to acquire enterprise billing platform Orb through a reverse triangular merger. Upon closing, Orb will become an indirect, wholly owned subsidiary managed under an incubator model. The total consideration for the transaction is $335 million, which Adyen will finance entirely from available cash resources. Headquartered in San Francisco, Orb provides an infrastructure engine that tracks real-time usage data and translates complex pricing contracts for global enterprises."
