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Boards of Pacific WebWorks and IDI call off acquisition

The leaders of Salt Lake-based Pacific WebWorks Inc. and Orem-based IDI Global said Friday that the companies' boards of directors have decided not to proceed with IDI's acquisition of PWEB.

Pacific WebWorks is a software company whose wholly owned subsidiary, IntelliPay, develops and provides electronic transaction processing and payment products and services.

IDI is an application service provider of infrastructure technologies and services.