Transaction Network Services Company type Private Industry Data communications Founded 1990 Headquarters , United States
Number of locations
60+ countries Areas served
Key people
Mike Keegan Dennis Randolph Mark Cole Jim McLaughlin Revenue $409.1 million (2019) Number of employees
1000+ Website 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
1990 – TNS founded in the US to provide services to the point-of-sale /payments industry[1]
1994 – Initial public offering – NASDAQ listed[2]
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 [3]
2000 – Office opened in Spain
2001 – Management, in conjunction with private equity firm GTCR Golder Rauner LLC, bought back TNS from PSINet[4]
2002 – Office opened in Italy
2003 – Acquired Openet (Italy)[5] [6]
2004 – Initial Public Offering – NYSE listing[7]
2005 – Acquired Connect Ro (Romania)
2006 – Offices opened in India, Thailand and South Korea.[8] [9]
2007 – Acquired Dialect Payment Technologies (Australia)[10]
2008 – Offices opened in Hong Kong and Singapore
2009 – Acquired Verisign 's Communication Services Group (USA)[11]
2013 – Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction [12]
2015 – Sells Call Authentication assets to Neustar[13]
2016 – Received investment led by Koch Equity Development LLC[14]
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[15]