Announced
Completed
Financials
Tags
Cross Border
Friendly
Private
hardware solutions
software solutions
Acquisition
Majority
Single Bidder
New Zealand
Computer Hardware
United States
Completed
Synopsis
Vontier, a global industrial technology company, completed the acquisition of Invenco, a global provider of open platform retailing and payment hardware and software solutions, for $80m. "We are excited to acquire industry leader Invenco and expand our software enabled workflow solutions and subscription business. Invenco’s disruptive edge computing technology roadmap and modular solutions offer extensibility across other retailing verticals and accelerates our digital strategy, better positioning us to serve our customers’ growing demand for digitally agile software systems," Mark D. Morelli, Vontier President and CEO.
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