PAR Technology
PAR Technology Inc. was founded in 1968 in New Hartford, New York, as a high tech, government contracting firm. PAR Technology Inc. was founded by John W. Sammon. Ten years later, PAR utilized government funded research and development initiatives and applied them to the commercial sector as viable products with real business applications. PAR then used this transferred technology to develop a stand-alone POS terminal for McDonald’s Corporation, which was installed in four test McDonald's restaurants in 1978. After a successful test run, McDonald's named PAR Technology Inc. their official vendor on October 15, 1980. As of 2017, McDonald's remains one of PAR's customers.
ISO certification
In 1995, PAR was first registered to the ISO 9000 Quality Management Systems standard, and they currently are registered to the ISO9001:2008 standard.
NYSE
PAR Technology Inc. is publicly traded as PAR on the New York Stock Exchange.
Partnerships and certifications
- Intel Technology Partner
- Microsoft Embedded Partner
- QSR Automations Alliance Partner
- APG Cash Drawer Alliance Partner
Acquisitions and divestments
- Acquired PixelPoint Technologies Inc. in October 2005
- Acquired SIVA Corporation in November 2006
- Acquired Brink Software in September 2014
- Divested Springer-Miller Systems, Inc. in November 2015
Revenue
Fiscal Quarter |
2017 (Fiscal Year) |
2016 (Fiscal Year) |
2015 (Fiscal Year) |
2014 (Fiscal Year) |
|---|---|---|---|---|
March Revenue |
$65,865(t) |
$55,305(t) |
$55,218(t) |
$56,541(t) |
June Revenue |
N/A |
$52,658(t) |
$58,928(t) |
$57,402(t) |
September Revenue |
N/A |
$61,492(t) |
$58,060(t) |
$44,637(t) |
December (FYE) |
N/A |
$60,198(t) |
$56,797(t) |
$59,283(t) |
Totals |
N/A |
$169,455(t) |
$229,003(t) |
$217,863(t) |