Modaxo to acquire Curbside Management, Public Safety businesses from Conduent

Constellation Software Inc. (CNSWF) announced that its People Transportation Division operating as Modaxo, has signed an agreement to acquire the Curbside Management and Public Safety Businesses from Conduent Incorporated (CNDT). Completion of the acquisition remains subject to closing conditions. Conduent’s Curbside Management business provides parking management systems to the public sector, while their Public Safety business provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients.