Conduent Incorporated delivers a range of business process services, leveraging expertise in handling high-volume transactions, data analysis, and automated systems across North America, Europe, and other global markets. The company's operations are organized into three primary divisions: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment caters to a diverse array of businesses, furnishing them with tailored business process solutions. These include managing customer interactions, processing transactions, and providing services related to healthcare, human resources, and professional learning. Its Government Services arm specializes in delivering government-focused business process support to federal, state, local, and international public sector entities. This encompasses services for public aid, program oversight, processing payments and transactions, medical and fiscal agent care management, public healthcare programs, various payment systems, child welfare support, and other federal initiatives. The Transportation segment supplies essential mobility and payment system solutions, along with their ongoing support, primarily to governmental clients. Its offerings extend to electronic toll collection, strategies for mitigating urban traffic congestion, usage-based mileage solutions, public transit systems, management of citations and permits, parking enforcement, managing curbside space demand, and advanced computer-aided dispatch with automatic vehicle location technologies. Established in 2016, Conduent Incorporated maintains its corporate headquarters in Florham Park, New Jersey.
Conduent Completes Sale of Its Public Transit Business to Modaxo
Conduent completed the sale of its Public Transit Business to Modaxo in a transaction with a base purchase price of $164 million, subject to customary adjustments.
The divested business includes Transit Fare Management and Fleet Management Solutions with operations across North America, Europe, Australia, the Middle East and Latin America.
With the pending Tolling sale to Quarterhill expected to close before the end of 2026, Conduent will fully exit its Transportation segment and operate across its Commercial and Government segments.