February 10, 2007

Kiosks Case Study -- Acquisitions

Seems every other day some kiosk company is either changing hands, or going out of business, or sprouting up. Here we have Gilbarco (gas pump at cstores) buying Intermedia Kiosks which does food service ordering kiosks.

Gilbarco Veeder-Root acquires Intermedia Kiosks, Inc. : published at CarolinaNewswire.com covering business & technology news

Gilbarco Veeder-Root acquires Intermedia Kiosks, Inc.

GREENSBORO, N.C. -- Gilbarco Veeder-Root has acquired Intermedia Kiosks, Inc. of Owings Mills, Maryland. Intermedia Kiosks is a leading provider of customer-operated food service ordering solutions for gas and convenience stores, grocery, and quick service. Founded in 1993, the company has more than 1,600 installations of their food ordering and kitchen management system kiosks. With a leading market position in food service ordering kiosks, Intermedia Kiosks’ product line is highly regarded by operators for its sophisticated merchandising tools which are able to drive profit and by consumers for its intuitive design and use.

“We are incredibly excited about what the acquisition of Intermedia Kiosks will allow us to provide our customers. Their proven food service ordering kiosk and kitchen management solutions are an ideal addition to our technology portfolio aimed at helping retailers better merchandise and market to consumers,” said Kirsten Paust, Gilbarco’s vice president of retail systems. “Through this purchase, we are delivering customers a truly integrated suite of ordering and merchandising technology, both inside the convenience store and on the fuel island. This solution, combined with our powerful dispenser merchandising solutions and Passport, our next generation point of sale system, gives retailers the power and flexibility to merchandise and sell at various locations throughout the convenience store.”

“Gilbarco Veeder-Root’s highly-effective sales, distribution and service network will add value to our existing and future customers as well as our strategic partners” said Beth Kaplan, chairman of Intermedia Kiosks. “In addition, Gilbarco Veeder-Root’s depth of offering and expertise in the retail petroleum arena will allow us to bring comprehensive merchandising tools to our existing and future customers.”

Intermedia Kiosks will continue to operate from their Owings Mills, Maryland office.

About Gilbarco Veeder-Root
Gilbarco Veeder-Root and Gasboy are leading suppliers of integrated fuel control, site management, and support services for petroleum marketers and commercial fueling enterprises worldwide. (www.gilbarco.com, www.veeder.com, www.gasboy.com. For more information visit www.gilbarco.com.

Posted by staff at February 10, 2007 06:58 AM