Tags: US | VeriFone | Acquisition

Verifone Buys Remaining Stake in Venture

Friday, 02 Apr 2010 02:58 PM

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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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,...
US,VeriFone,Acquisition
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2010-58-02
 

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