Modaxo Enters into Agreement to Acquire the Public Transit Business from Conduent
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Article Excerpt
This section is Partnership Content supplied by GlobeNewswire Article content TORONTO, May 21, 2026 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced that it has signed a definitive agreement to acquire the Public Transit Business, consisting of Transit Fare Management and Fleet Management Solutions businesses, from Conduent Incorporated. Completion of the acquisition remains subject to closing conditions. Article content Conduent’s Transit Fare Management business offers a comprehensive portfolio of solutions serv…
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May 22, 2026