Radiant Systems

Last updated

Radiant Systems, Inc.
Company type Public until 2011
Nasdaq: RADS
IndustryHospitality and Retail Technology and Support
Founded1985
FateAcquired by NCR Corporation
Headquarters Atlanta, Georgia, United States
Owner NCR Corporation

Radiant Systems was a provider of technology to the hospitality and retail industries that was acquired by NCR Corporation in 2011. Radiant was based in Atlanta, Georgia. In its last financial report as a public company, Radiant reported revenues of $90 million and net income of $14 million in the six months ended 30 June 2011. At the time of its acquisition, Radiant employed over 1,300 people worldwide. Radiant had offices in North America, Europe, Asia and Australia.

Contents

History

In May 1997, Radiant completed the joint acquisition of ReMACS, based in Pleasanton, CA, and Twenty/20 Visual Systems, based in Dallas, Texas. At this time, these acquisitions formed the core of Radiant Hospitality Systems, with 8,000 installed sites.

In March 2000, they joined forces with Microsoft to develop a Web-enabled management system and supply chain solution to enable retailers to conduct business-to-business e-commerce over the Internet. [1]

In July 2011, NCR Corporation announced plans to acquire Radiant Systems for US$1.2 Billion. [2]

On 24 August 2011, NCR Corporation completed the acquisition of Radiant Systems. [3] [4]

Acquisitions

YearCompanyCommentCitations
1997ReMACS and Twenty/20 Visual SystemsJoint acquisition. ReMACS based in Pleasanton, CA; Twenty/20 Visual Systems based in Dallas, Texas. Formed the core of Radiant Hospitality Systems, with 8,000 installed sites. [5]
1997RapidFire SoftwareIt was a Hospitality POS provider. Based in Hillsboro, OR.[ citation needed ]
1997Logic ShopIt was a provider of management software to automotive service centers. Based in Atlanta, GA. [6]
2001Breeze SoftwareIt was an Australian provider of point-of-sale and management systems solutions to retailers in the petroleum/convenience store industry. [7]
2004Aloha TechnologiesIt was a provider of point of sale systems for the hospitality industry, located in Dallas, Texas. [8]
2004E-NeedsIt was a provider of Film Management software and services in the North American exhibition industry, and was based in Irvine, California. [9]
2005MenuLink Computer SolutionsIndependent supplier of back-office software for the hospitality industry, located in Huntington Beach, California. [10]
2006SynchronicsAcquired substantially all assets. It was a provider of business management and point of sale software for the retail market, located in Memphis, Tennessee. [11]
2007Quest Retail TechnologyIt was a provider of point of sale (POS) and back office solutions to stadiums, arenas, convention centers, race courses, theme parks, restaurants, bars and clubs. [12]
2008Hospitality EPoS SystemsIt was a technology supplier to the U.K. hospitality market since 1992. [13] [14]
2008JadeonIt was one of Radiant's resellers located in California. Operations reported under the Hospitality segment. [15]
2008Orderman GmbHDevelopsed wireless handheld ordering and payment devices for the hospitality industry. It was headquartered in Salzburg, Austria. [16] [17]
2011Texas Digital SystemsOffered order confirmation displays and digital signage solutions. [18]

References

  1. "Radiant Systems and Microsoft Team Up To Deliver B2B E-Commerce Solutions to the Retail Industry". microsoft.com. 1 March 2000. Retrieved 4 December 2025.
  2. "NCR Corporation plans to acquire Radiant Systems". Business Wire. 11 July 2011.
  3. "NCR completes acquisition of Radiant Systems".
  4. "Radiant Systems Announces Completion of Tender Offer by NCR Corporation".
  5. "Aloha POS System Nashville". epos.com. Retrieved 11 December 2025.
  6. "Acquisitions News". The Atlanta Journal. 20 November 1997. p. 95. Retrieved 11 December 2025.
  7. "Radiant Systems, Inc. Completes Acquisition of Breeze Software Pty. Ltd". www.allbusiness.com. Archived from the original on 6 October 2010. Retrieved 4 December 2025.
  8. "Radiant Systems to Acquire Aloha Technologies - Creating a Foodservice Technology Powerhouse, the Two Companies Agree to Combine Strengths to Drive Topline Growth for Hospitality Operators". Hospitality Net. Retrieved 4 December 2025.
  9. "Radiant Systems to acquire E-needs Inc. - Atlanta Business Chronicle". www.bizjournals.com. 19 March 2004. Retrieved 11 December 2025.
  10. "Radiant Systems to acquire MenuLink Computer Solutions". Fast Casual. 10 October 2005. Retrieved 4 December 2025.
  11. "Radiant Systems Completes Synchronics Acquisition". CSP Daily News. Retrieved 4 December 2025.
  12. "Radiant Systems To Acquire Quest Retail Technology - Quick Facts". rttnews.com. 11 December 2007. Retrieved 11 December 2025.
  13. "Radiant Acquires Hospitality EPOS Systems". FSR magazine. 9 April 2008. Retrieved 21 August 2020.
  14. "Radiant Systems Acquires Hospitality EPoS Systems". www.businesswire.com. 8 April 2008. Retrieved 21 August 2020.
  15. "Radiant Systems Acquires Jadeon, Inc". hospitalitytech.com. 12 May 2008.
  16. Radiant Systems Inc (Form: 10-K, Received: 27 February 2007 06:16:15)
  17. http://media.corporate-ir.net/media_files/irol/11/115271/RADS_2007_Annual_Report.pdf | From Radiant's 2007 Annual Report
  18. "Radiant Systems Purchases Texas Digital Systems". Convenience Store News. Archived from the original on 17 April 2025. Retrieved 4 December 2025.