RITE Acquires RTE’s Microsoft RMS Client Base

▤ Summary

The need for these merchants to leverage technology as part of their competitive strategy has never been greater,” states RITE CEO Rick Feuling.On September 30th, 2016, RTE made the decision to divest their customer base to other point of sale businesses.The need for these merchants to leverage technology as part of their competitive strategy has never been greater,” states RITE CEO Rick Feuling.In an email sent to RTE’s Microsoft RMS clients, company president Mahendran Ramanathan stated, “I have known Rick Feuling, the President and CEO of RITE for almost 10 years.We had other offers but we chose RITE because of my confidence in their ability to service your needs to your satisfaction.”RITE’s focus on customer service means that former RTE customers will enjoy the level of service that has contributed to RITE being the winner of the Microsoft / Retail Realm Circle of Excellence Award for Growth for 2010, 2012, 2015 and 2016.The acquisition is effective immediately and a smooth transition can be expected due to RITE’s past experience with the merger and acquisition of other retail point of sale sales and service companies.As part of the acquisition, RITE has also acquired some of RTE’s intellectual property.About RITE: With offices in Sartell, MN, Dallas, TX and Boise, ID, RITE has provided sales and 365/24/7 support to retailers using the Microsoft RMS point of sale software since 2002.On September 30th, 2016, RTE made the decision to divest their customer base to other point of sale businesses.

▦ Linked Companies

Microsoft

$1B+