Announced
Financials
Tags
food technology
Software
Pending
software development
Friendly
Public
Australia
Acquisition
Single Bidder
Majority
Cross Border
Synopsis
Yum! Brands, an American fast food corporation, agreed to acquire Dragontail Systems, an innovative provider of technology solutions for the food industry, for $73m. "With Dragontail, we expect to tap into the power of AI to accelerate and further enhance our delivery technology capabilities, especially at Pizza Hut, and optimize the end-to-end food preparation process," Chris Turner, Yum! Brands CFO.
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