Mastercard made a transaction of its own. SessionM, a 250-person tech firm that helps businesses offer direct-marketing campaigns and loyalty programs, was snapped up by the credit card company. The terms of the deal, expected to close by the end of the year, were not disclosed. SessionM is led by chief executive Lars Albright and its current investors include Highland Capital Partners, Kleiner Perkins, Charles River Ventures, General Atlantic, and Causeway Media Partners. — JON CHESTO
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