It took about three years but Diebold has finally managed to get out of the election business.

The company announced Thursday that Premier Election Solutions, Diebold’s beleaguered voting machine division, has been acquired by Election Systems and Software (ES&S).

ES&S purchased the company for a mere $5 million in cash, plus 70 percent of any revenue collected on outstanding accounts through the end of August. According to Diebold’s announcement the sale was “consummated” Tuesday.