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Article Excerpt
Business/Technology Editors
OAKLAND, Calif.--(BUSINESS WIRE)--May 29, 2002
The acquisition reflects De La Rue's confidence in Sequoia's
ability to provide highly secure touch screen voting systems that fulfill De La Rue's corporate values of Security, Integrity and Trust.
De La Rue, a leading worldwide developer of secure identity solutions for governments and secure cash management technologies, has acquired a controlling interest in Sequoia Voting Systems, the leading U.S. provider of touch screen voting systems.
De La Rue, based in Hampshire, England, will acquire an 85 percent interest in Sequoia Voting Systems of Oakland, Calif. from Jefferson Smurfit Group plc of Dublin, Ireland, Sequoia's parent company. Smurfit will retain a 15 percent interest in the company.
Ian Much, Chief Executive of De La Rue...
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