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January 2, 1997updated 05 Sep 2016 12:05pm

AUTOMATIC DATA PROCESSING BUYS TAYLORIX

By CBR Staff Writer

Automatic Data Processing Inc, the big Roseland, New Jersey, service bureau has acquired German payroll and accounting services provider Taylorix AG. Terms of the transaction were not disclosed but Taylorix has annual revenue of about $40m, and claims to have some 9,000 clients in Germany for its payroll and accounting services.

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