Sequent Software, Inc. acquired ViVOtech’s Software Division in October 2012. ViVOtech, Inc. provides contactless/near field communications (NFC) payment software, NFC smart posters, and over the air card (OTA) provisioning, promotion, and transaction management infrastructure software. Its products include contactless payment systems, ViVOnfc, an OTA infrastructure software for NFC mobile payments and promotions, and ViVOplatform, which provides retailers with the software platform for promotional and loyalty applications. The company also provides merchant, ISO and acquirer, issuing bank, wireless operator, and consumer value proposition solutions. Its products are used in various applications in movie theaters, fast food restaurants, casual dining establishments, convenience stores, gas stations, drug stores, grocery stores, buses, taxicabs, and vending machine locations, as well as by retailers. The company was founded in 2001.