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PAR Technology Corporation acquires Brink Software.

M2 EQUITYBITES-September 22, 2014-PAR Technology Corporation acquires Brink Software

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PAR Technology Corporation (NYSE:PAR), a provider of integrated technology solutions to the hospitality industry, announced on Friday the acquisition of Brink Software Inc, a provider of cloud based point of sale (POS) software for restaurants.

The acquisition, financial details of which were not available, is expected to enhance PAR's cloud software offerings and recurring revenue streams.

According to PAR, this acquisition adds Brink to the PAR software portfolio and complements its PixelPoint software and enables PAR to expand its market reach and continue to focus and invest in solutions for the restaurant market.

Brink has been a strategic partner of PAR's since 2011 and the combination of the two companies is a natural extension of this partnership and their integrated product offerings, PAR said.

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Publication:M2 EquityBites (EQB)
Date:Sep 22, 2014
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