• PAR Technology Corp. to acquire PixelPoint POS

    Tags: POS

VAUGHN, Ontario — PixelPoint Technologies Inc., a developer of restaurant software solutions, announced it has entered into an agreement to be acquired by PAR Technology Corp.

According to a news release, the deal is expected to close in the third quarter of 2005.

PAR is a provider of professional services, enterprise business intelligence software and hardware to the hospitality industry. It has installed IT management solutions in more than 40,000 locations worldwide and in more than 100 countries. Some of its customers include McDonald's and Yum! Brands.

Under the terms of the agreement, PixelPoint Technologies will continue to be managed by its senior management team and will be backed up by PAR's products, worldwide infrastructure and resources.

"This acquisition is a great match for PAR Technology," said John W. Sammon, PAR chairman and chief executive. "PixelPoint has a great reputation as an innovator to go along with a strong and loyal client base. This acquisition gives us access to hospitality markets and geographical areas PAR has not yet penetrated."

Lino D'Angicco, co-founder and chief executive of PixelPoint, added, "We are pleased to become part of a very successful organization, and even more so to be able to offer our PixelPoint customers the benefits of PAR's integrated solutions and services, their industry experience and financial strength."

Related Content

User Comments – Give us your opinion!
Products & Services

Hardware

http://global.networldalliance.com/new/images/products/4553.png

4553/Hardware

Pepperoni

http://global.networldalliance.com/new/images/products/6787.png

6787/Pepperoni

See the latest in restaurant POS

http://global.networldalliance.com/new/images/products/1926.png

1926/See-the-latest-in-restaurant-POS

Restaurant Sales Builder

http://global.networldalliance.com/new/images/products/4286.png

4286/Restaurant-Sales-Builder

Standard coffee

http://global.networldalliance.com/new/images/products/6963.png

6963/Standard-coffee

FireFly Point-of-Sale

http://global.networldalliance.com/new/images/products/4282.png

4282/FireFly-Point-of-Sale

Social Security Number (SSN) Verification

http://global.networldalliance.com/new/images/products/SSN_employmentsearch.gif

1426/Social-Security-Number-SSN-Verification

Facebook Ordering

http://global.networldalliance.com/new/images/products/5935.png

5935/Facebook-Ordering

Quad Core Menu Board Media Player - $199

http://global.networldalliance.com/new/images/products/6679.png

6679/Quad-Core-Menu-Board-Media-Player-199

Customized Menu Board Content

http://global.networldalliance.com/new/images/products/6689.png

6689/Customized-Menu-Board-Content

Digital Menu Boards and ROI
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.