PAR Technology Inc.
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| PAR Technology Inc. Logo | |
| Public | |
| Traded as | NYSE: PAR |
| ISIN | 🆔 |
| Industry |
|
| Founded 📆 | 1968 |
| Founders 👔 |
|
| Headquarters 🏙️ | , New Hartford, New York , |
Area served 🗺️ | Worldwide |
Key people | Dr. Donald H. Foley (President & CEO) |
| Products 📟 | POS terminals |
| Revenue🤑 | $229,653(t) (2016) |
| Members | |
Number of employees | |
| Parent | PAR Corporation |
| Subsidiaries |
|
| 🌐 Website | partech |
| 📇 Address | |
| 📞 telephone | |
PAR Technology Inc. was founded in 1968 in New Hartford, New York, as a high tech, government contracting firm.[1][2] PAR Technology Inc. was founded by John W. Sammon.[3] Ten years later, PAR utilized government funded research and development initiatives and applied them to the commercial sector as viable products with real business applications. PAR then used this transferred technology to develop a stand-alone POS terminal for McDonald’s Corporation, which was installed in four test McDonald's restaurants in 1978. After a successful test run, McDonald's named PAR Technology Inc. their official vendor on October 15, 1980.[3] As of 2017, McDonald's remains one of PAR's customers.[4]
ISO certification[edit]
In 1995, PAR was first registered to the ISO 9000 Quality Management Systems standard, and they currently are registered to the ISO9001:2008 standard.
NYSE[edit]
PAR Technology Inc. is publicly traded as PAR on the New York Stock Exchange.[5][6]
Partnerships and certifications[edit]
- Intel Technology Partner
- Microsoft Embedded Partner[7]
- QSR Automations Alliance Partner
- APG Cash Drawer Alliance Partner
Acquisitions and divestments[edit]
- Acquired PixelPoint Technologies Inc. in October 2005
- Acquired SIVA Corporation in November 2006[8]
- Acquired Brink Software in September 2014
- Divested Springer-Miller Systems, Inc. in November 2015[9]
Revenue[edit]
| Fiscal Quarter | 2017 (Fiscal Year) | 2016 (Fiscal Year) | 2015 (Fiscal Year) | 2014 (Fiscal Year) |
|---|---|---|---|---|
| March Revenue[10] | $65,865(t) | $55,305(t) | $55,218(t) | $56,541(t) |
| June Revenue[10] | N/A | $52,658(t) | $58,928(t) | $57,402(t) |
| September Revenue[10] | N/A | $61,492(t) | $58,060(t) | $44,637(t) |
| December (FYE)[10] | N/A | $60,198(t) | $56,797(t) | $59,283(t) |
| Totals | N/A | $169,455(t) | $229,003(t) | $217,863(t) |
References[edit]
- ↑ Plunkett Research Ltd (1 February 2009). Plunkett's Infotech Industry Almanac 2009: The Only Comprehensive Guide to InfoTech Companies And Trends. Plunkett Research, Ltd. pp. 510–. ISBN 978-1-59392-116-3. Search this book on
- ↑ "PAR TECHNOLOGY INC. Company Profile at Vault.com". Retrieved April 14, 2017.
- ↑ 3.0 3.1 Mark D. Frank (May 17, 1983). "Computer firm gets a break". UPI. Retrieved April 18, 2017.
- ↑ "ParTech Awarded by McDonald's". Archived from the original on May 19, 2017. Retrieved April 14, 2017.
- ↑ "PAR Technology Inc. (PAR) NYSE - NYSE Delayed Price. Currency in USD". Yahoo. Retrieved April 17, 2017.
- ↑ "PAR Technology Corp. :PAR-US: Earnings Analysis: Q3, 2016 By the Numbers : November 29, 2016". Retrieved April 17, 2017.
- ↑ "ParTech Wins 2012 Windows Embedded Partner Excellence Award for its SureCheck Solution". 2012-12-01. Archived from the original on April 25, 2017. Retrieved 2017-06-30.
- ↑ "Company Overview of SIVA Corporation".
- ↑ "CONSTELLATION SOFTWARE, INC., ACQUIRES SPRINGER-MILLER SYSTEMS, INC".
- ↑ 10.0 10.1 10.2 10.3 "PAR Technology Inc. Revenue & Earnings Per Share". Retrieved April 18, 2017.
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