Bank of America Acquires Axia Technologies (AxiaMed)
April 2, 2021
Bank of America acquired Axia Technologies, Inc. (AxiaMed), a Santa Barbara–based healthcare payment and technology company, to deepen and expand its payment offerings for healthcare clients. The acquisition brings AxiaMed’s patient-payment gateway and terminal software onto Bank of America’s proprietary merchant services platform to strengthen the bank’s healthcare payments capabilities.
- Buyers
- Bank of America
- Targets
- Axia Technologies, Inc. (AxiaMed)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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