Domino's rival Yum! Brands to buy food tech platform Dragontail
Pizza Hut owner Yum! Brands plans to buy Dragontail, the food tech company behind Domino’s pizza checker.
Source: afr.com
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Yum! Brands Undertakes to Acquire Dragontail Systems, an Innovator in Kitchen Order Management and Delivery Technology
Proposed Acquisition to Strengthen Yum! Brands’ Global Delivery Capability and Integrate New Technology Talent into CompanyLOUISVILLE, Ky. & PERTH, Australia--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) (Yum! Brands) and Dragontail Systems Limited (ASX: DTS) (Dragontail), an innovative provider of technology solutions for the food industry, announced today that they have
Source: ibtimes.com.au
Taco Bell, Pizza Hut , KFC parent moves to buy Dragontail tech/AI provider for $72.4M
Taco Bell, KFC and Pizza Hut parent, Yum! Brands Inc., has completed a binding agreement to acquire the Australian-based foodservice tech provider, Dragontail Systems Limited through a share scheme of arrangement under Australian corporate law, a news release said. Yum…
Source: qsrweb.com
Yum! Brands buying foodtech co Dragontail Systems
ASX-listed Dragontail was founded by Israeli Pizza Hut franchisee Udi Shamai.
Source: globes.co.il
Yum Brands Inc. to buy Dragontail Systems for $72.6 million | Nation's Restaurant News
The deal would enhance the restaurant companies order and delivery management capabilities Yum Brands Inc. has agreed to acquire technology company Dragontail Systems Limited for 93.5 million Australian dollars (around $72.6 million), with plans to scale Dragontail’s artificial intelligence kitchen order management and delivery technology globally, the two companies said Wednesday. Dragontail, based in Perth, Australia, said its technology integrates the process of getting food to customers from the time orders arrive in the kitchen to when drivers are dispatched, with the added abili...
Source: nrn.com