NCR To Buy Hospitality And Retail POS Software Company Radiant Systems For $1.2 Billion
Radiant’s SaaS caters to a variety of industries and markets including stadiums, arenas, cinemas, restaurants, gas stations, convenience stores, museums, wine and liquor stores and other speciality retail stores. The company offers hardware includes point of sale systems, kiosks, customer displays, terminals, servers and more. Radiant says it more than 100,000 installations worldwide.
NCR is using Radiant Systems to expand into another software vertical, in addition to its financial and retail businesses. NCR developers security technologies for the financial services market, retail technologies and sells self-service kiosks to the retail and hospitality, travel and gaming, healthcare, and entertainment industries. In 2009, NCR bought DVD-rental kiosk company DVDPlay.