Friday, January 26, 2007 7:30:00 AM PDT | VentureDeal Staff
BOCA RATON, FL --
Agilisys, Inc. (Nasdaq: AGYS)
announced the close of its acquisition of Visual One Systems, a hospitality
technology solutions provider. Financial terms of the transaction were
The acquisition marks the continued re-positioning of Agilisys as an IT
solutions provider to the hospitality, supermarket and retail chain industries.
Agilisys recently announced plans to sell its computer systems distribution
business for $485 million in cash in order to fund the strategic change and
pursue acquisitions as opportunities arise.
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