Alphyra completes De La Rue division sale

Alphyra has completed the purchase of the Transaction Services Division of De La Rue plc for Stg £6m.

Under the deal, Alphyra will acquire rights to a prepaid cellular platform accredited to all the UK network operators currently live with electronic top-up (Vodafone, Orange and BT Cellnet). The company will use this platform for its own transaction requirements in the UK, and across other European markets.