In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. The Western Union Company is a leader in global payment services In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. Another invention of Western Union - time synchronization. In 1933, by the Western Union Company were invented "singing telegrams".
In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In 1920, Western Union has implemented the world's first transmission of images over the ocean. In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million.