Transaction Network Services (TNS) is a privately held, multinational company in the payments,

financial Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

and

telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

industries. TNS is the supplier of networking, integrated data, and voice services to many organizations in the

global payments Global Payments Inc. is an American multinational financial technology company that provides Financial transaction, payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The c ...

and financial communities, as well as a provider of telecommunications network

solution Solution may refer to: * Solution (chemistry), a mixture where one substance is dissolved in another * Solution (equation), in mathematics ** Numerical solution, in numerical analysis, approximate solutions within specified error bounds * Soluti ...

s to service providers.

History

* 1990 – TNS founded in the US to provide services to the

point-of-sale The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice f ...

/payments industry * 1994 –

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

–

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

listed * 1995 – TNS' Telecommunications Services division launched * 1996 – International offices launched in the UK, Canada and Ireland and TNS'

Financial Services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

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 The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is by far the List of stock exchanges, world's largest s ...

. * 1999 – Acquired by

PSINet PSINet, based in Northern Virginia, was one of the first commercial Internet service providers (ISPs) and was involved in the commercialization of the Internet until the company's bankruptcy in 2001 during the dot-com bubble and acquisition by Coge ...

for $705 million (US$1.1 Billion (2019)) * 2000 – Office opened in Spain * 2001 – Management, in conjunction with

private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leve ...

GTCR Golder Rauner GTCR LLC is a Chicago, Illinois-based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The firm principally invests in high-growth industries, including financial services & tec ...

LLC, bought back TNS from PSINet * 2002 – Office opened in Italy * 2003 – Acquired

Openet Openet is a software vendor with corporate headquarters in Dublin, Ireland, and two regional headquarters in Malaysia and the United States with offices worldwide. Openet products are used by telecommunications service providers to commercializ ...

(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 Verisign Inc. is an American company based in Reston, Virginia, United States that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the , , and gener ...

's Communication Services Group (USA) * 2010 – Acquired

Cequint City ID is Cequint's first-generation caller mobile identification service. City ID displays the city and state or country associated with the caller's telephone number. In partnership with mobile network operators, the City ID service is availab ...

, Inc. (USA) * 2013 – Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction * 2015 – Sells Call Authentication assets to Neustar * 2016 – Received investment led by Koch Equity Development LLC *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

References

{{Reflist Companies based in Reston, Virginia American companies established in 1990