Product News: Aquisition of Torex completes
MICROS Systems, Inc. has announced that it has completed its acquisition of Torex.
Torex is a global provider of innovative technology to the retail, hospitality and convenience and fuel markets and MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide.
The company says that Torex’s position in the UK and Europe will support MICROS’s strategy of international expansion in the retail market. As well as bringing valuable customers, technology and employee expertise across retail and hospitality, MICROS will use Torex’s presence in the convenience and fuel market in Europe as a foothold for further expansion. In addition to the continued investment in market leading technology, customers will benefit from the extended product and professional service portfolio of the combined group.
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