Capillary Technologies to Acquire Mastercard-Owned SessionM for $20 Million

Capillary Technologies India has agreed to acquire SessionM Inc., a loyalty and customer engagement platform wholly owned by Mastercard, in an all-cash deal valued at approximately $20 million. The acquisition includes SessionM's Czech subsidiary and aims to expand Capillary's presence in North America, LATAM, Europe, and APAC markets. The transaction, approved by Capillary's board, involves a multi-layered structure and is subject to customary conditions and regulatory approvals. SessionM's existing customers and technical team will continue under Capillary's management.