Radiant Systems Acquires Texas Digital Systems, Inc.
August 09 2011 - 9:12AM
Business Wire
Radiant Systems, Inc. (Nasdaq: RADS) announced today that it has
acquired Texas Digital Systems, Inc., a leader in order
confirmation displays and digital signage solutions. Texas
Digital’s solutions enable businesses to improve order accuracy,
increase speed of service and influence sales at the
point-of-purchase.
“Order confirmation and digital signage is an emerging growth
opportunity for Radiant, and this acquisition enhances our ability
to accelerate the adoption of digital signage,” said Andy Heyman,
chief operating officer at Radiant Systems. “Integrating Texas
Digital’s products into our solution offerings will drive more
value for our customers.”
With more than 22,000 installations in 40 countries, Texas
Digital develops order confirmation displays and digital signage
solutions that can be implemented in a variety of indoor and
outdoor environments, including restaurants, entertainment, arenas
and stadiums and theme parks.
“Radiant and Texas Digital have complementary products and have
been strong business partners for many years,” said Dennis
Davidson, president and chief operating officer of Texas Digital
Systems. “Our companies are well aligned in the markets we serve
and we are excited to become a part of their team.”
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS)
is a global provider of innovative technology and services to the
hospitality and retail industries. With more than 100,000
installations worldwide, our customers include leading brands and
venues in the restaurant and food service, sports and
entertainment, petroleum and convenience, and specialty retail
markets. Radiant has offices in North America, Europe, Asia and
Australia. For more information about Radiant Systems:
- Visit our Website
- Follow us on Twitter
- Read about us on our Blog
- Become a fan on Facebook
About Texas Digital Systems, Inc.
Established in 1972, Texas Digital is a leading provider of
digital signage solutions, with over 22,000 installations
worldwide. Texas Digital’s customers include leaders in the
corporate communications, education, cinema, healthcare, sports and
entertainment, financial and quick-serve restaurant industries. For
more information on Texas Digital and its products, visit
www.txdigital.com.
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans
for future business development activities, and are thus
prospective. Forward-looking statements include all statements that
are not statements of historical fact regarding intent, belief or
current expectations of the Company, its directors or its officers.
Investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company’s ability to
control. Actual results may differ materially from those projected
in the forward-looking statements. Among the key risks, assumptions
and factors that may affect operating results, performance and
financial condition are the Company’s reliance on a small number of
clients for a large portion of its revenues, fluctuations in its
quarterly results, its ability to continue and manage its growth,
liquidity and other capital resources issues, competition and the
other factors discussed in detail in the Company’s periodic filings
with the Securities and Exchange Commission. The Company undertakes
no obligation to update any forward-looking statements.
Radiant Systems, Inc. (MM) (NASDAQ:RADS)
Historical Stock Chart
From May 2024 to May 2024
Radiant Systems, Inc. (MM) (NASDAQ:RADS)
Historical Stock Chart
From May 2023 to May 2024