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TAGGED AS JOEL LEONOFF

Optimal Payment buys Montreal-based Fans

Media | 05/28/2015 2:15 pm EDT

Optimal Payments PLC, an Isle of Man-based company that provides transactional technology, said Thursday it has bought Montreal-based Fans Entertainment Inc., which created a consumer mobile app for fans attending Montreal Canadiens games. Optimal said in a press release it is paying $16 million in stock for Fans, which created the app to allow fans to access game highlights, locate friends at the venue, and order food and merchandise from their seats, among other things. The release said Fan's technology also helps venues track consumer behaviour and identify customers. "Through...