Provider of Arena Concessions POS Systems Sold

Micros Systems Inc., a provider of information technology solutions for the hospitality and retail industries, has acquired TangentPOS, a company specializing in event point-of-sale and accounting systems for food service and retail operations at major sports and entertainment facilities.TangentPOS has over 200 installations in venues in North America and offers various products designed to maximize food and beverage profitability at concessions, premium seats, bars, restaurants and vending.

Over 220,000 MICROS systems are currently installed in cruise, table and quick service restaurants, hotels, motels, casinos, leisure and entertainment and retail operations in more than 130 countries. The company also provides property management systems, central reservation and customer information solutions under the brand Micros-Fidelio for more than 20,000 hotels worldwide, as well as point-of-sale and loss prevention products through its subsidiary Datavantage for more than 50,000 specialty retail stores worldwide.

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Technology
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