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VeriFone buys remaining stake in venture

Fri, 04/02/2010 - 9:30am
The Associated Press

Electronic payment equipment maker VeriFone Holdings Inc. said Friday it has acquired the remaining minority interest in VeriFone Transportation Systems.

Financial terms were not disclosed.

VeriFone Transportation was formed as a joint venture with TaxiTronic Inc. in 2005, the company said. It provides payment systems and fleet management systems for taxis.

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