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Taxi advertising firm's software sold to Russians

Cabtivate, the Edinburgh-based taxi advertising business which went bust a year ago owing creditors £1m, is to be relaunched by a Russian media group which has bought software rights from the administrator and plans a UK-wide service.

Cabtivate, the Edinburgh-based taxi advertising business which went bust a year ago owing creditors £1m, is to be relaunched by a Russian media group which has bought software rights from the administrator and plans a UK-wide service.