# Hypercom

> Hypercom Corporation was an Australian-founded, Arizona-based supplier of payment terminals, transaction software, networking equipment and related services for banks, processors and merchants worldwide. VeriFone acquired it in 2011; its U.S. terminal business was divested to a Gores-backed buyer and became Equinox Payments.

- **Founded:** 1978
- **Headquarters:** Scottsdale, United States
- **Founders:** George Wallner (Founder; later CEO, chairman and chief technologist)
- **Products:** Optimum T4200 family, Optimum M4200 family, L5300, M5000, Artema terminals
- **Notable:** Founded in Australia in 1978 and expanded into global payment infrastructure., Listed on the New York Stock Exchange in 1997 under HYC., Thales e-Transactions acquisition completed April 1, 2008, expanding its European position.

## Products & services

- **Optimum T4200 family** — Countertop payment terminals, including dial, IP and wireless variants.
- **Optimum M4200 family** — Mobile card-payment terminals for merchants requiring wireless operation.
- **L5300** — Consumer-facing signature-capture and PIN-entry terminal for multilane retailers, announced in May 2010.
- **M5000** — Next-generation mobile payment terminal announced in December 2010.
- **Artema terminals** — Countertop and unattended payment products associated with the acquired European business.
- **Ascendent** — Front-end client/server payment and transaction software described by founder George Wallner in 2000.
- **Support and transaction services** — Software, transaction management, installation, maintenance and related support complementing terminal hardware.

## Achievements

- Founded in Australia in 1978 and expanded into global payment infrastructure.
- Listed on the New York Stock Exchange in 1997 under HYC.
- Thales e-Transactions acquisition completed April 1, 2008, expanding its European position.
- Reported US$468.449 million revenue in 2010.
- Acquired by VeriFone on August 4, 2011, following divestitures.

## Latest updates

- **2011-08** — VeriFone completed the Hypercom acquisition on August 4; Hypercom’s U.S., U.K. and Spain businesses were divested immediately beforehand.
- **2011-09** — The U.K. OFT closed its assessment of the completed acquisition excluding the U.K. business; the U.S. operation adopted the Equinox Payments name.
- **2011-11** — Final judgment in the U.S. merger case was filed November 21. Hypercom was already an acquired business rather than an independent public company.

## Links

- Website: http://www.hypercom.com
- LinkedIn: https://www.linkedin.com/company/hypercom
- Facebook: https://facebook.com/hypercomterminals

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Last updated: 2026-10-02