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ViVOtech sells reader business to ID Tech

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Secuobs.com : 2012-08-08 19:31:22 - ContactlessNews Contactless Smart Cards RFID Payment Transit and Security - ViVOtech has completed the sale of its reader assets, technologies, and ViVOpay trademark to ID Tech, a Cypress, Calif-based provider of reader technology for ID and access control solutions The acquisitions include ViVOpay s contactless NFC point of sale readers, self-service kiosk and vending applications ID Tech says these solutions will complement their existing product portfolio and strengthen their position in the payments industry According to ViVOtech, the company will now focus entirely on its NFC software business, ViVOnfc end Read the full article at ContactlessNews

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