Cardpoint sells G2 Integrated Solutions

October 24, 2006

Finextra: U.K. ATM operator Cardpoint has sold its G2IS business for £3.2 million (U.S. $4 million). Cardpoint acquired G2IS in August 2005, when it also bought outMoneybox. The company said it is selling the G2 division because it does not complement its ATM business.