US firm Revel Systems to acquire Russia's iqPOSitive

US firm Revel Systems to acquire Russia's iqPOSitive

Founder of iqPOSitive, Timur Bagaev

iPad-based point-of-sale (POS) firm Revel Systems, has acquired iqPOSitive, the Russian developer of automation solutions for restaurant businesses. Financial details surrounding the deal have not been made public but the transaction took place in May.

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