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Vivotech sells reader business

Vivotech

NFC specialist Vivotech, which last month was the subject of rumours that it was going out of business, has successfully completed the sale of its reader business. The buyer is US-based ID Tech.

“Vivotech believes that as a flourishing large scale international player with complementary products and skill sets ID Tech provides the ideal home for Vivopay’s people, products and customers,” says the company.

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