Modaxo Enters into Agreement to Acquire the Public Transit Business from Conduent
| The Manila Times
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.