Square Inc.: Valuation and Intellectual Property Issues for Acquisition
Square Inc., owner of the credit card payment system adapted to use on smart phone devices, is being rumored for acquisition by a number of large tech suitors such as Google, Apple, and eBay’s PayPal according to a recent Wall Street Journal article. The company has grown rapidly since its inception in 2009 with card processing rates of $20 billion in 2013 and 2014 projections growing to $30 billion. Valuation of the company is estimated at $5.2 billion based on insiders so