Transaction Network Services
{{infobox company
| name = Transaction Network Services
| type = Private
| industry = Data communications
| founded = 1990
| hq_location_city = Reston, Virginia
| hq_location_country = United States
| num_locations = 60+ countries
| key_people = {{Unbulleted list|Mike Keegan|Dennis Randolph|Mark Cole|Jim McLaughlin}}
| revenue = $409.1 million (2019)
| areas_served = {{Unbulleted list|North America|South America|Europe|Asia-Pacific}}
| num_employees = 1000+
| website = {{URL|http://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
{{Prose|section|date=July 2016}}
- 1990 – TNS founded in the US to provide services to the point-of-sale/payments industry{{cite web|url=http://news.rpi.edu/luwakkey/296|title=Founder, Chairman, and CEO of Transaction Network Services Named Entrepreneur of the Year by Rensselaer – News & Events|publisher=}}
- 1994 – Initial public offering – NASDAQ listed{{cite web|url=http://www.nasdaq.com/markets/ipos/company/tns-inc-603182-36273|title=TNS INC (TNS) IPO|publisher=}}
- 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{{cite web|url=https://www.wsj.com/articles/SB93537380940503806|title=PSINet Agrees to Acquire Transaction Network Services|first1=Nikhil|last1=Deogun|first2=Thomas E. Weber Staff Reporters of The Wall Street|last2=Journal|date=23 August 1999|publisher=|via=Wall Street Journal}} 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{{cite web|url=http://www.atmmarketplace.com/news/same-as-it-ever-was-at-tns/|title=Same as it ever was at TNS|date=3 January 2002|publisher=}}
- 2002 – Office opened in Italy
- 2003 – Acquired Openet (Italy){{cite web|url=https://www.finextra.com/newsarticle/8449/tns-italy-acquires-openet|title=TNS Italy acquires Openet|date=1 April 2003|publisher=}} and Transpoll Offline (UK) {{cite web|url=http://www.wikinvest.com/stock/TNS_(TNS)/Acquisition_Transpoll_Offline|title=Acquisition of Transpoll Offline for TNS (TNS)|publisher=}}{{dead link|date=May 2024|bot=medic}}{{cbignore|bot=medic}}
- 2004 – Initial Public Offering – NYSE listing{{cite web|url=https://www.washingtonpost.com/wp-dyn/articles/A61837-2004Mar15.html|title=TNS Prepares to Make Initial Public Offering (washingtonpost.com)|publisher=}}
- 2005 – Acquired Connect Ro (Romania)
- 2006 – Offices opened in India, Thailand and South Korea.{{cite web|url=https://www.finextra.com/pressarticle/9207/tns-extends-secure-trading-network-throughout-se-asia|title=TNS extends secure trading network throughout SE Asia|date=3 May 2006|publisher=}} Acquired Comms XL (UK),{{cite web|url=http://www.channelweb.co.uk/crn-uk/news/1883189/tns-looks-channel|title=TNS looks to buy in channel – CRN|publisher=}} InfiniRoute Networks Inc. (USA), Sonic Inc. (USA) and JPG Telecom SAS (France)
- 2007 – Acquired Dialect Payment Technologies (Australia){{cite web|url=https://www.finextra.com/pressarticle/15604/tns-acquires-australias-dialect-payment-technologies|title=TNS acquires Australia's Dialect Payment Technologies|date=19 June 2007|publisher=}}
- 2008 – Offices opened in Hong Kong and Singapore
- 2009 – Acquired Verisign's Communication Services Group (USA){{cite web|url=https://www.washingtonpost.com/wp-dyn/content/article/2009/03/08/AR2009030801602.html|title=TNS Set to Purchase a Division of VeriSign|date=9 March 2009|publisher=|via=washingtonpost.com}}
- 2013 – Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction{{cite web|url=https://www.bloomberg.com/news/articles/2012-12-11/tns-agrees-to-be-bought-by-siris-capital|title=TNS Agrees to Be Bought by Siris Capital|first=Nick|last=Turner|publisher=}}
- 2015 – Sells Call Authentication assets to Neustar{{cite web|url=https://www.bizjournals.com/washington/news/2015/09/09/neustar-pays-220m-for-caller-authentication.html|title=Neustar pays $220M for caller authentication business|date=9 September 2015|publisher=}}
- 2016 – Received investment led by Koch Equity Development LLC{{cite web|url=http://www.privateequitywire.co.uk/2016/01/12/235390/koch-equity-invests-transaction-network-services|title=Koch Equity invests in Transaction Network Services|date=12 January 2016|publisher=}}
- 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{{cite web|url=https://www.prnewswire.com/news-releases/koch-equity-development-affiliate-enters-agreement-to-acquire-transaction-network-services-positioned-for-strategic-growth-301268457.html|title=Koch Equity Development Affiliate Enters Agreement to Acquire Transaction Network Services, Positioned For Strategic Growth|date=14 April 2021|publisher=}}