NZ Post sells software support firm in shift to slimmed-down operations

NZ Post sells software support firm in shift to slimmed-down operations
By Paul McBeth Aug. 9 (BusinessDesk) - New Zealand Post, the state-owned postal service, sold its software support subsidiary in its latest move towards a slimmer operation as it deals with dwindling demand for its primary business. The state-owned enterprise sold the Electronic Commerce Network to Australian-based business support firm B2BE for an undisclosed sum, effective yesterday, it said in a statement. ECN develops and supplies software for business-to-business messaging and managing supply chains. NZ Post took full control of ECN a...