MEI Conlux (formerly known as Mars Electronics International) is a manufacturer of electronic banknote validators, coin acceptors and changers. MEI was spun off to private investment interests in July 2006. In December 2012, it was sold to Crane Co., which also manufactures vending machines.[1] A new division was created inside the company by merging former CPS (Crane Payment Solutions) and MEI into CPI (Crane Payment Innovations).
The firm began operations in Great Britain in 1965 and expanded to the United States in 1967. The firm invented the electronic vending machine and is one of the largest manufacturers of vending machines in the world.[2] As of 2011, the company operated in over one hundred countries and processed over two billion transactions per week.[3]
It has had a co-educational relationship with the Mechanical Engineering department of the Imperial College, London.[4][5]
In 1996, the firm signed a deal with DigiCash, one of the first digital currencies. This led to the widespread integration of smart card technology in vending machines.[6]
^"Crane to buy privately held MEI Conlux for $820 million". Reuters. 21 December 2012 – via www.reuters.com.
^Mattern, Joanne (1 January 2011). Mars Family: M&M Mars Candy Makers. ABDO Publishing Company. ISBN9781617841651 – via Google Books.
^Devillier, Sandra (6 December 2011). "MEI Conlux Has Launched Its Next-Generation Five-Tube Coin Changer". www.parking-net.com (Press release).
^author, EPSRC. "Grants on the web". gow.epsrc.ukri.org. {{cite web}}: |last= has generic name (help)
^Gelder, Sicco Van (16 January 2019). Global Brand Strategy: Unlocking Branding Potential Across Countries, Cultures & Markets. Kogan Page Publishers. ISBN9780749444693 – via Google Books.
^"Mars Electronics International signs worldwide deal with DigiCash", Press release, Mars Electronics International
^"Mars Electronics - December 10, 2002". Federal Transit Administration. 22 September 2015.
External linksedit
CPI Website
April 13, 2024
conlux, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, january, 2018, lear. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources MEI Conlux news newspapers books scholar JSTOR January 2018 Learn how and when to remove this template message MEI Conlux formerly known as Mars Electronics International is a manufacturer of electronic banknote validators coin acceptors and changers MEI was spun off to private investment interests in July 2006 In December 2012 it was sold to Crane Co which also manufactures vending machines 1 A new division was created inside the company by merging former CPS Crane Payment Solutions and MEI into CPI Crane Payment Innovations MEI ConluxCompany typeDivisionIndustryMachineryFounded Mars Electronics International 1965HeadquartersMalvern Pennsylvania U S Area servedNorth America Europe various other locationsProductsCurrency detection including Automated teller machine and Vending MachinesParentCrane amp Co since 2012 Websitewww wbr cranepi wbr com wbr enThe firm began operations in Great Britain in 1965 and expanded to the United States in 1967 The firm invented the electronic vending machine and is one of the largest manufacturers of vending machines in the world 2 As of 2011 the company operated in over one hundred countries and processed over two billion transactions per week 3 It has had a co educational relationship with the Mechanical Engineering department of the Imperial College London 4 5 In 1996 the firm signed a deal with DigiCash one of the first digital currencies This led to the widespread integration of smart card technology in vending machines 6 Since 2000 the company has been the sole manufacturer of bill handling units a form of automated cash handling for the Federal Transit Administration 7 References edit Crane to buy privately held MEI Conlux for 820 million Reuters 21 December 2012 via www reuters com Mattern Joanne 1 January 2011 Mars Family M amp M Mars Candy Makers ABDO Publishing Company ISBN 9781617841651 via Google Books Devillier Sandra 6 December 2011 MEI Conlux Has Launched Its Next Generation Five Tube Coin Changer www parking net com Press release author EPSRC Grants on the web gow epsrc ukri org a href Template Cite web html title Template Cite web cite web a last has generic name help Gelder Sicco Van 16 January 2019 Global Brand Strategy Unlocking Branding Potential Across Countries Cultures amp Markets Kogan Page Publishers ISBN 9780749444693 via Google Books Mars Electronics International signs worldwide deal with DigiCash Press release Mars Electronics International Mars Electronics December 10 2002 Federal Transit Administration 22 September 2015 External links editCPI Website Retrieved from https en wikipedia org w index php title MEI Conlux amp oldid 1200499762, wikipedia, wiki, book, books, library,
