Radiant Systems
| Company type | Private (before acquisition) |
|---|---|
| Industry | Technology, Retail software, Hospitality software |
| Founded | 1997 |
| Fate | Acquired by NCR Corporation |
| Headquarters | Atlanta , United States |
Area served | Worldwide (North America, Europe, Asia, Australia) |
Number of employees | 1300+ (2011) |
| Parent | NCR Corporation (since 2011) |
Radiant Systems served as a technology provider specializing in solutions for the retail and hospitality sectors before being acquired by NCR Corporation in 2011. Headquartered in Atlanta, Georgia, Radiant reported $90 million in revenue and $14 million in net profit for the first half of 2011. At the time of its acquisition, the company employed more than 1,300 staff worldwide, maintaining offices throughout North America, Europe, Asia, and Australia.
Acquisitions
Radiant's expansion began in May 1997 with the joint acquisition of ReMACS (Pleasanton, CA) and Twenty/20 Visual Systems (Dallas, TX), which collectively formed the foundation of Radiant Hospitality Systems, boasting 8,000 installed locations.
In October 1997, the company strengthened its foothold in the Hospitality POS sector by purchasing RapidFire Software based in Hillsboro, OR.
The following month, November 1997, Radiant added Logic Shop (Atlanta, GA), a provider of management software tailored for automotive service centers.
In March 2000, Microsoft invested capital into Radiant to aid the development and promotion of BlueCube, a web-enabled integrated management and supply chain solution designed for B2B e-commerce.
Radiant expanded its international reach in May 2001 through the acquisition of Breeze Software, an Australian company supplying POS and management systems to petroleum and convenience retailers.
January 2004 saw Radiant divest its enterprise software division (BlueCube Software) to former co-CEO Erez Goren while retaining marketing rights for Enterprise Productivity Suite products via a reseller agreement.
That same year, Radiant acquired two companies: Aloha Technologies (Dallas, TX), a provider of hospitality POS systems, and E-Needs (Irvine, CA), a prominent North American film management software firm.
In October 2005, Radiant further broadened its offerings by acquiring MenuLink Computer Solutions (Huntington Beach, CA), which specialized in hospitality back-office software solutions.
January 2006 marked the purchase of most assets from Synchronics (Memphis, TN), a supplier of retail business management and POS software.
By December 2007, Radiant agreed to acquire Quest Retail Technology, which delivered POS and back-office solutions for venues such as stadiums, arenas, convention centers, theme parks, and hospitality locations.
In April 2008, Radiant added Hospitality EPoS Systems—a U.K.-based hospitality technology provider established in 1992—to its portfolio.
May 2008 included the acquisition of Jadeon, a California reseller; both companies were integrated into Radiant's Hospitality division.
July 2008 featured the purchase of Orderman GmbH (Salzburg, Austria), known for developing wireless handheld ordering and payment devices tailored to hospitality environments.
In August 2011, Radiant acquired Texas Digital Systems, recognized for its leadership in order confirmation displays and digital signage technology.
NCR Corporation announced plans to acquire Radiant Systems for $1.2 billion in July 2011. The tender offer concluded on August 22, 2011, with the transaction officially closing two days later on August 24, 2011.