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Technology / AI and automation

DATA TECHNOLOGY TO ACQUIRE MOST ASSETS OF QUME FROM ALCATEL

Data Technology Corp says that while it has called off its proposed acquisition of Zentec Corp after disagreements over terms (CI No 920), it is proceeding with its acquisition of most of the assets of Qume Corp from Alcatel NV: completion is expected this month; as a result of the failure to agree terms with Data Tech, Zentec is still seeking a terminals partner.

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