SAVANNAH,GO Software, a subsidiary of Return On Investment Corp. in Kennesaw, GA, and a provider of point-of-sale (POS) payment processing technology, has acquired the assets and intellectual property of Atomic Software.
As part of its expansion plans and the development of a more complete product line, GO Software says it will acquire Atomic’s dial-up product, Authorizer, and its payment gateway solution, iAuthorizer.
“We intend on immediately investing in the iAuthorizer technology to improve security, functionality and scalability,” said Tony Abruzzio, executive vice president and general manager of GO. “In the next few months, we plan to launch a GO branded CISP (Cardholder Information Security Program) certified gateway payment service. This, along with our existing products creates a more complete portfolio of payment solutions to fit almost any merchant’s needs.”
Prior to the acquisition, Alpharetta, GA-based Atomic shut down its iAuthorizer gateway. As a result, GO says it plans to redevelop iAuthorizer and release an enhanced gateway product in the coming months.
“The acquisition creates new opportunities for GO and moves us closer to our goal of becoming a one-stop shop for payment processing products and services,” added Abruzzio. “We had very little product or customer overlap with Atomic, so the acquisition strengthens our market and financial positions.”
Savannah-based GO will continue selling, supporting and maintaining the dial-up Authorizer product for customers with existing integrations, it says.
GO Software: www.gosoftware.com