Radiant Systems

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.

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][3] and on 24 August 2011, NCR Corporation the acquisition was completed.

Acquisitions