Hospitality software company TimeManagement acquired by Agilysis



Via News Release

“ALPHARETTA, Ga., Jun 10, 2013 (BUSINESS WIRE) — Agilysys, Inc. AGYS +2.32% , a leading provider of innovative information technology and hospitality software, services and solutions, today announced that it has acquired the assets of TimeManagement Corporation, a privately-owned Minneapolis-based technology provider with solutions that streamline workforce management environments for hospitality operators.

The Company funded the acquisition through cash on hand and expects the transaction to be immediately accretive to adjusted operating income. Financial terms of the acquisition were not disclosed.”

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