BRIEF-Posiflex Technology unit to fully acquire KIS Acquisition at $105 mln

By | August 20, 2016

Kiosk Information Systems News

 

For full press release text with analysis see KIOSK Acquired by Posiflex posting. Below is original posting of headline on Reuters.

Posiflex Technology buys KIOSK (KIS) :

Source: www.reuters.com

Aug 12 Posiflex Technology :

* Says its subsidiary Posiflex Business Machines,Inc. will fully acquire KIS Acquisition Corp. at $105 million from KIS Group,LLC and The Peninsula Fund V Limited Partnership.

Source text in Chinese: goo.gl/mnLjNw

Further company coverage: (Beijing Headline News)

Author: Kiosk Industry

Kiosk manufacturer experience since 1993. Engineer for Verizon Bill Pay kiosks while at KIS in Colorado. Extensive device knowledge for printers, scanners, currency, PCI, ADA, touch screen technology, outdoor, biometrics such as fingerprint and IRIS. Runs and manages the current kiosk association, KMA. Works with U.S. Access Board on ADA and accessibility. PCI SSC participating organization. Member of National Retail Federation (NRF) and National Restaurant Association.