{"id":10719,"date":"2023-01-09T09:29:00","date_gmt":"2023-01-09T03:59:00","guid":{"rendered":"https:\/\/xnprotel.net\/?post_type=all_news&p=10719"},"modified":"2024-05-07T06:38:15","modified_gmt":"2024-05-07T01:08:15","slug":"xn-protel-systems-sells-uk-and-dubai-protel-distribution-service-businesses","status":"publish","type":"all_news","link":"https:\/\/xnprotel.net\/all_news\/xn-protel-systems-sells-uk-and-dubai-protel-distribution-service-businesses\/","title":{"rendered":"Xn protel Systems sells UK and Dubai protel distribution businesses to increase focus on USA POS market"},"content":{"rendered":"\t\t
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Xn protel Systems sells UK and Dubai protel distribution service businesses to increase focus on USA Point-of-Sale system market-place<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Xn protel Systems Group Limited (\u201cXPSG\u201d) today announces the sale of its protel PMS distribution businesses in the United Kingdom (UK) and Gulf Coast Countries (GCC) regions, to Planet Payment Group (\u201cPlanet\u201d). Planet will take over direct sales, implementation and support services for XPSG\u2019s UK and GCC based clients, with immediate effect.<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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9 January 2023<\/h6><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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XPSG will continue to sell, implement and provide support services for the full protel PMS product range in Australia, New Zealand and Asia-Pacific territories.<\/p>

Greg Spicer, Chief Executive of Xn protel Systems Group<\/strong> commented:<\/p>

\u201cAfter a highly successful partnership with protel in the UK and GCC region, we have decided to sell our protel PMS related sales and service businesses in these two territories. Planet, who combined with protel in 2022, is investing heavily in the protel product and services portfolio and already has a strong existing sales and service infrastructure located in Europe, the UK and GCC regions. We therefore believe it makes sense to consolidate the UK and Mid-East based protel PMS businesses, serving these two markets, directly through a single relationship. We are confident that the acquisition by Planet is in the long-term best interests of our UK-based and GCC clients and staff, who will be transferring to Planet, as part of the sale. We will be working closely with the Planet team during the transition period.\u201d <\/em><\/p>

Greg Spicer, continued:<\/p>

\u201cThe sale of our UK and GCC PMS distribution businesses allows us to focus on our market-leading xnPOS Point of Sale (POS) product range. We are currently investing heavily in our North American market entry phase and this decision will allow us to devote more energy towards this exciting growth phase of our POS business in the USA.\u201d<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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About planet<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Planet provides integrated software, payment and technology solutions for its customers in the Hospitality and Retail sectors and worldwide via a network of global Financial Services Partners. Planet helps its customer and partners make the most of the connected commerce revolution. Our software and payment technology enables businesses to unlock the benefits of a more connected and digital world.<\/p>

Founded over 35 years ago, we have evolved our services, delivering an innovative digital commerce platform that puts customer experience first. With headquarters in London and more than 2,800 expert employees located across six continents they serve customers in over 120 markets.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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