Suvarna Garge (Editor)

Transaction Network Services

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Industry
  
Data communications

Website
  
www.tnsi.com

Founded
  
1990

Type of business
  
Private

Number of locations
  
60+ countries

Headquarters
  
Virginia, United States

Number of employees
  
750

Subsidiaries
  
JPG Telecom SAS

Areas served
  
North America Europe Asia-Pacific

Key people
  
Mike Keegan Dennis Randolph Mark Cole Jim McLaughlin

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Transaction Network Services (TNS) is a privately held, multinational company that has been in the payments, financial and telecommunications industries. TNS is the supplier of networking, integrated data and voice services to many organizations in the global payments and financial communities, as well as a provider of telecommunications network solutions to service providers.

Contents

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History

  • 1990 - TNS founded in the USA to provide services to the Point-of-Sale/Payments Industry
  • 1994 - Initial Public Offering - NASDAQ Listed
  • 1995 - TNS' Telecommunications Services Division launched
  • 1996 - International offices launched in the UK, Canada and Ireland and TNS' Financial Services Division launched
  • 1998 - Acquired AT&T's Transaction Access Service (USA)
  • 1999 - Offices opened in Australia, France and Japan. Processing services launched in the UK. Listed on the NYSE. Acquired by PSINet
  • 2000 - Office Opened in Spain
  • 2001 - Management, in conjunction with private equity firm GTCR Golder Rauner LLC, bought back TNS from PSINet
  • 2002 - Office opened in Italy
  • 2003 - Acquired Openet (Italy) and Transpoll Offline (UK)
  • 2004 – Initial Public Offering - NYSE Listing
  • 2005 - Acquired Connect Ro (Romania)
  • 2006 - Offices opened in India, Thailand and South Korea. Acquired Comms XL (UK), InfiniRoute Networks Inc. (USA), Sonic Inc. (USA) and JPG Telecom SAS (France)
  • 2007 - Acquired Dialect Payment Technologies (Australia)
  • 2008 - Offices opened in Hong Kong and Singapore
  • 2009 - Acquired Verisign's Communication Services Group (USA)
  • 2010 - TNS Acquired Cequint, Inc. (USA)
  • 2013 - Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction
  • 2016 - Received Investment led by Koch Equity Development LLC

    • References

    Transaction Network Services Wikipedia
    (Text) CC BY-SA