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NORBIT Acquires Mobile Payment Specialist AblePay

NORBIT has acquired mobile payment specialist AblePay from a group of venture investors including: Sintef Venture, Investinor, Founders Fund, Co-founder and Sparebank 1 Markets.

One of AblePay’s key products is a SIM/SAM card with embedded BLE called AblePay BlueCard. This product has been delivered to a range of payment terminal providers in high volumes enabling smooth mobile/app-based payment over the BlueTooth interface.

“We have been an R&D and EMS (Electronic Manufacturing Services) partner for AblePay since many years. In addition to continued supply of high volume robotized manufacturing of AblePay’s BlueCard we see opportunities for alternative use of AblePay’s strong competence and know how in BLE (Bluetooth Low Energy),” says Per Jørgen Weisethaunet, NORBIT Group CEO.

The company continues under the name NORBIT AblePay and is co-located with NORBIT’s R&D department in the group’s headquarter in Trondheim.

NORBIT is an international technology corporation headquartered in Trondheim, Norway, and has operations in Sweden, Germany, Poland, Austria, Hungary, Italy, UK, Iceland, Singapore, Brazil and US.