Voting technology company Dominion Voting Systems (DVS), founded in Toronto and a target of conspiracy theories in the 2020 U.S. presidential election spread by Republican Donald Trump and his allies, has been sold.

Dominion, which operated out of Denver for the past several years, was bought by a firm run by a former Republican elections official, its new company announced Thursday.

The acquisition represents a remarkable turn of events from just over two years ago. In April 2023, as a defamation trial neared, Fox Corporation and Fox News agreed to pay $787.5 million US in a settlement and said it did "acknowledge the court's rulings finding certain claims about Dominion to be false" in post-election coverage across its news properties.

Heading into 2025, Dominion still had outstanding litigation for similar cause against a handful of individuals and entities, but according to a report Thursday in Axios, it reached undisclosed settlements with former Trump lawyers Sidney Powell and Rudolph Giuliani and One America News Network. Dominion had declined to comment in late September to CNN when it was learned through a court filing that the Giuliani lawsuit had been settled.

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