▁ 2 0 1 1 . ▁ ▁History ▁Hyper com ▁was ▁founded ▁by ▁Hung arian ▁born ▁George ▁Wall ner , ▁David ▁Sa ul ▁and ▁Les lie ▁Fritz ▁in ▁Sydney ▁Australia ▁in ▁ 1 9 7 8 . ▁ ▁It ▁went ▁on ▁to ▁domin ate ▁the ▁south ▁pac ific ▁region ▁in ▁terms ▁of ▁payment ▁terminal s . ▁ ▁In ▁ 1 9 8 8 ▁the ▁company ▁signed ▁a ▁deal ▁with ▁American ▁Express ▁to ▁provide ▁its ▁terminal s ▁to ▁them ▁in ▁the ▁US . ▁ ▁To ▁cons olid ate ▁the ▁deal , ▁Hyper com ▁moved ▁its ▁head ▁office ▁from ▁Australia ▁to ▁Arizona ▁in ▁the ▁US . ▁It ▁then ▁faced ▁head ▁to ▁head ▁competition ▁with ▁Ver i F one ▁on ▁its ▁home ▁market . ▁ ▁On ▁April ▁ 4 , ▁ 2 0 1 1 , ▁In gen ico ▁announced ▁its ▁agreement ▁to ▁ac quire ▁Hyper com ' s ▁U . S . ▁Pay ment ▁Systems ▁Business ▁prior ▁to ▁the ▁close ▁of ▁the ▁Ver i F one ▁ac quisition ▁ ▁On ▁the ▁same ▁day ▁it ▁announced ▁that ▁its ▁UK ▁and ▁Spanish ▁operations ▁would ▁be ▁sold ▁separately ▁to ▁a ▁private ▁invest ment ▁company ▁and ▁this ▁business ▁was ▁renamed ▁as ▁Sp ire ▁Pay ments . ▁ ▁On ▁May ▁ 1 2 , ▁ 2 0 1 1 , ▁The ▁Department ▁of ▁Justice ▁file d ▁a ▁civil ▁ant it rust ▁law suit ▁to ▁block ▁the ▁proposed ▁ac quisition ▁of ▁Hyper com ▁by ▁Ver i F one ▁saying ▁the ▁planned ▁sale ▁of ▁Hyper com ' s ▁U . S .