Sysco to Sell Point-of-Sale Tech Company

1000x800_CAKE-sysco

Sysco Corp. said today it will sell its CAKE point-of-sales solution to a Mad Mobile, Tampa-based tech company, for an undisclosed sum.

The company, Mad Mobile, said it plans to combine its mobile platform with CAKE technology, which is currently used by 5,000 customers, to deliver a mobile-first POS solution for restaurants.

“COVID-19 has magnified the importance for restaurants to quickly adopt mobile technology to meet the changing needs of guests and employees,” the company said in a statement.

Mad Mobile will fully support CAKE’s existing customer base while expanding the CAKE offering to include new modules such as mobile ordering, contactless payment, and curbside pickup.”

“We are excited about the future of CAKE technology. Mad Mobile has been a great partner of Sysco for six years and they share our passion for the restaurant experience,” said Michael Foster, Sysco’s chief information and technology officer. “This transaction allows Sysco to focus our efforts on our digital transformation, including our e-commerce platform, and provides an excellent opportunity for CAKE to accelerate its evolution into a mobile-first platform supporting the unique needs of restaurant businesses.”

RELATED CONTENT

Ron Kochman

KCL Co-Founder Ron Kochman Passes Away at 85

Ron Kochman co-founded the foodservice design technologies company KCL in 1985 with his son, Kevin Kochman.

Dolly Llama 1200x800 1

Expansion Roundup: A Look at Where 5 Brands Are Headed Next

This week in Expansion Roundup, FER takes a look at growth plans for Starbucks, Pizza Pizza Limited, The Dolly Llama, Twin Peaks and Blaze Pizza.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -