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radiantsystems.com

Stage

Acq - P2P | Acquired

Valuation

$0000 

About Radiant Systems

Radiant Systems is a provider of technology and services to the hospitality and retail industries. Per the company, they have more than 100,000 installations worldwide, and their customers include brands and venues in the restaurant and food service, sports and entertainment, petroleum and convenience, and specialty retail markets. Radiant Systems has offices in North America, Europe, Asia and Australia.

Radiant Systems Headquarter Location

3925 Brookside Parkway

Alpharetta, Georgia, 30022,

United States

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Radiant Systems Patents

Radiant Systems has filed 7 patents.

The 3 most popular patent topics include:

  • Casting (manufacturing)
  • Hardware testing
  • Image processing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/4/2019

11/23/2021

Hardware testing, Vision, Image processing, Casting (manufacturing), Machining

Grant

Application Date

12/4/2019

Grant Date

11/23/2021

Title

Related Topics

Hardware testing, Vision, Image processing, Casting (manufacturing), Machining

Status

Grant

Latest Radiant Systems News

NCR to Buy Radiant Systems for $1.2 Billion - The New York Times

Sep 20, 2018

The New York Times Search By Michael J. de la Merced July 11, 2011 6:07 pm July 11, 2011 6:07 pm Erik S. Lesser/Bloomberg NewsBill Nuti, chief of NCR. NCR agreed on Monday to buy Radiant Systems , a maker of products for the hospitality and retail industries, for $1.2 billion in cash in an effort to expand into the restaurant and entertainment businesses. Under the terms of the deal, NCR will pay $28 a share in a tender offer for Radiant’s shares that will begin by July 25 and run for at least 20 business days. The bid represents a 30 percent premium to Radiant’s closing price on Monday. Related Links “Radiant Systems is a logical and strategic extension for NCR, moving us into attractive fast-growth adjacent markets,” Bill Nuti, NCR’s chairman and chief executive, said in a statement. “We will bring together two strong teams with Radiant Systems playing a vital role in enhancing our long-term growth, margin expansion and earnings appreciation.” NCR plans to turn Radiant into a new business division that is focused hospitality and specialty retail. Several Radiant executives will remain on board and will be led by the company’s chief operating officer, Andrew Heyman. Based in Atlanta, Radiant focuses on customers like restaurants, sports and entertainment locales and specialty retailers. It reported $21.8 million in earnings atop $346.4 million in revenue last year. NCR said that it expected the takeover to add to its adjusted earnings next year. To pay for the deal, NCR will rely on cash on hand and about $1.1 billion worth of new debt. The company has received financing commitments from JPMorgan Chase , RBC Capital Markets, Bank of America Merrill Lynch and Morgan Stanley . The deal is expected to close in the third quarter, pending regulatory approval. NCR was advised by Atlas Strategic Advisors, JPMorgan and the law firm Womble Carlyle Sandridge & Rice. Radiant was advised by Jefferies & Company, SunTrust Robinson Humphrey and the law firm DLA Piper.

  • Where is Radiant Systems's headquarters?

    Radiant Systems's headquarters is located at 3925 Brookside Parkway, Alpharetta.

  • What is Radiant Systems's latest funding round?

    Radiant Systems's latest funding round is Acq - P2P.

  • Who are the investors of Radiant Systems?

    Investors of Radiant Systems include NCR Corporation.

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