News

Panasonic buying Ontario company behind the iQTouch restaurant sales terminals

MISSISSAUGA, Ont. – Panasonic Canada has a deal to buy Quickservice Technologies Inc., an Ontario company that developed the iQTouch sales terminals and software for restaurants.

Financial terms weren’t disclosed but the Japanese electronics company is expected to gain nearly 100 employees when it completes the purchase of the St. Catharines-based company at the end of February.

Quickservice, founded in 1960, will operate as a separate division of Panasonic Canada.

“This will be very positive for our team and our clients,” Philip Turner, president of Quickservice Technologies, said in a statement Monday.