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VeriFone To Sell Hypercom's Payment Systems Business

San Jose-based Verifone said Monday that it has reached an agreement to sell the U.S. payments systems business of Hypercom to Ingenico S.A.. The deal is worth $54M in cash. Verifone recently acquired Hypercom in a $485M deal. VeriFone said it will retail Hypercom's non-payment terminal networking products operations in the U.S.


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