From Wikipedia, the free encyclopedia
Transaction Network Services Company type
Private Industry
Data communications Founded 1990 Headquarters , United States
Number of locations
60+ countries Areas served
Key people
Mike Keegan Dennis Randolph Mark Cole Jim McLaughlin Revenue $409.1 million (2019) Number of employees
1000+ Website
www .tnsi .com
Transaction Network Services (TNS) is a privately held, multinational company 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.
History
1990 – TNS founded in the US to provide services to the
point-of-sale /payments industry
[1]
1994 –
Initial public offering –
NASDAQ listed
[2]
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 .
1999 – Acquired by
PSINet
[3] for $705 million (US$1.1 Billion (2019))
2000 – Office opened in Spain
2001 – Management, in conjunction with
private equity firm
GTCR Golder Rauner LLC, bought back TNS from PSINet
[4]
2002 – Office opened in Italy
2003 – Acquired
Openet (Italy)
[5] and Transpoll Offline (UK)
[6]
2004 – Initial Public Offering – NYSE listing
[7]
2005 – Acquired Connect Ro (Romania)
2006 – Offices opened in India, Thailand and South Korea.
[8] Acquired Comms XL (UK),
[9] InfiniRoute Networks Inc. (USA), Sonic Inc. (USA) and JPG Telecom SAS (France)
2007 – Acquired Dialect Payment Technologies (Australia)
[10]
2008 – Offices opened in Hong Kong and Singapore
2009 – Acquired
Verisign 's Communication Services Group (USA)
[11]
2013 – Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a
take-private transaction
[12]
2015 – Sells Call Authentication assets to Neustar
[13]
2016 – Received investment led by Koch Equity Development LLC
[14]
2017 – Offices opened in New Zealand and the Philippines
2018 – Acquired Advam
2019 – Acquired Link Solutions (Brazil), OpSiSe (France), and R2G (Chicago)
2021 – Acquired by Koch Equity Development LLC
[15]
References