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Add as a preferred source on GoogleTransAct Board Starts Strategic Review With BofA Securities
Management cautioned that the review may not lead to a transaction or other strategic outcome.
TransAct Technologies Incorporated’s board has begun a strategic review with BofA Securities as adviser. The review may not lead to a transaction or other strategic outcome.
The company’s Food Service Technology revenue grew 33% year over year. Software revenue rose 61%, and recurring revenue increased 24%.
TransAct is charging for software, though some customers have pushed back during negotiations.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.