Adyen to Buy Enterprise Billing Platform Orb for $335 Million
Adyen N.V. has agreed to acquire San Francisco-based billing infrastructure provider Orb for $335 million via a reverse triangular merger, financed entirely from Adyen's available cash. Orb will become an indirect, wholly owned subsidiary managed under an incubator model, with its co-founders reinvesting part of their proceeds into newly issued Ady…