Cass information systems sells telecom expense management business to asignet

St. louis--(business wire)--cass information systems, inc. (nasdaq: cass), (the company or cass) has entered into an asset purchase agreement to sell its telecom expense management & managed mobility services (tem) business to asignet usa inc. (asignet), a market-leading hyper-automation it expense management provider. martin resch, the company's president and chief executive officer, said, “the sale of our tem business is consistent with our strategy of focusing our capital investments on.
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