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.

Targets
Axia Technologies, Inc. (AxiaMed)
Location
California, United States
Transaction Type
Buyout

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