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TRANSIT CEASED PUBLICATION IN JUNE 2010

Conduent sells parking business to Modaxo

01 January 2024
Cliff Skelton
Cliff Skelton

 

Conduent has sold its parking IT and enforcement services business to Modaxo, a transportation solutions company.

In the UK Modaxo has been building up its parking portfolio, and already owns the Imperial and Taranto software businesses.

US-based Conduent Incorporated has announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, which is a division of Canadian group Constellation Software.

The transaction is expected to...

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