TS-Associates Enters Administration, Velocimetrics Takes Over IP, Tech Team

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TS-Associates' main investor and creditor, PANS (UK) Holdings Limited, obtained exclusive ownership of TS-Associates' TipOff and Application Tap products before the company went into administration, and in recent weeks has been engaged in talks with a number of potential buyers, including Velocimetrics and other vendors, as well as former TS-Associates chief technology officer Steve Rodgers─who is now employed by Velocimetrics as lead engineer─to broker a sale of the company's intellectual prope

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