Shift4 acquires Majority Stake of Vectron Systems AG

Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG and Completes Previously Announced Acquisition of Revel Systems

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations across Europe, representing ~€25 billion in volume opportunity with minimal payment monetization today. Shift4 […]

RobotLAB partners with cleaning robot innovators LionsBot International

RobotLAB Partners with LionsBot to Increase Accessibility of Professional-Grade Cleaning Robots

RobotLAB, an award-winning robotics integrator that delivers impactful business innovations and solutions for companies across many industries, has proudly partnered with global robotics innovator LionsBot International to expand the availability of its industry-leading cleaning robots to hospitality businesses. RobotLAB was selected as LionsBot’s preferred U.S. dealer partner because of its deep knowledge of the restaurant and hospitality […]

Yanolja Cloud Invests In InnKey Infosystems To Accelerate Global Hospitality Solutions

AI-based SaaS company, Yanolja Cloud strategically invested in InnKey Infosystems Pvt. Ltd., a provider of cloud-based enterprise PMS platform for premium hotels and chains, to accelerate its global hospitality solution business. InnKey, started in 2013 and headquartered in India, is a provider of a widely used hospitality technology solution. It currently provides its integrated cloud-based PMS […]