Cedar branching out

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Market rumours suggest that Cedar may want to build on its strategic partnership with Recognition S...

Market rumours suggest that Cedar may want to build on its strategic partnership with Recognition Systems. Shares in Recognition fell 37% last week on a weak US IT market and speculation that it needed a couple of good contracts to square its books. One year ago Cedar and Recognition signed a partnership deal that allowed Cedar to license its partner's software into the US financial services.

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