Par Technology Corp is a prominent provider of technology solutions for the hospitality and restaurant industries
The company specializes in developing point-of-sale systems and management software that enhance operational efficiency for its clients. By offering tools that streamline transactions, manage inventory, and improve customer engagement, Par Technology helps businesses optimize their performance and deliver exceptional service. In addition to hardware solutions, the company is focused on providing innovative cloud-based services to adapt to the evolving needs of modern hospitality enterprises.
PAR Technology announced sale of its Government segment, including subsidiaries PGSC and RRC, for $102 million, part of its strategy to sell non-core assets and reinvest for higher returns.
