Spectra buys up fraud detection assets

Banknote authentication technology firm Spectra Systems said it had boosted its international customer base after buying assets from a gaming software firm.

Banknote authentication technology firm Spectra Systems said it had boosted its international customer base after buying assets from a gaming software firm.

The company has spent $0.75m on buying proprietary source codes, multi-year contracts and long-standing customer relationships from US-based Lapis Software Associates.

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