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Diebold Inc. (DBD) has sold its money-losing U.S. election-systems business, just seven years after acquiring it amid hopes of rising demand for voting technology upgrades in the wake of the 2000 presidential election fiasco.

Diebold, whose main business is making automated teller machines, said Thursday it sold the voting-machine unit to privately held Election Systems & Software Inc. for $5 million, about one-fifth of what it paid in 2002.

link: ES&S Buys Premier (Diebold) Election Systems, for Near-Monopoly in U.S. Vote Count | Election Defense Alliance

ES&S, a private company, now controls something like 85% of all U.S. vote counting.