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Restaurant Consulting Services Inc

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BUSINESS
September 2, 1999 | Dow Jones
Irvine-based Javelin Systems Inc. said it acquired Restaurant Consulting Services Inc. for $3 million in cash. Javelin said it may be required to pay an additional $1.5 million in cash and issue common shares with a value of $1.5 million based on the financial performance of Restaurant Consulting in the next two fiscal years. Restaurant Consulting Services, with revenue of $4.3 million for the year ended June 30, is an access-service provider for the chain-restaurant industry.
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BUSINESS
September 2, 1999 | Dow Jones
Irvine-based Javelin Systems Inc. said it acquired Restaurant Consulting Services Inc. for $3 million in cash. Javelin said it may be required to pay an additional $1.5 million in cash and issue common shares with a value of $1.5 million based on the financial performance of Restaurant Consulting in the next two fiscal years. Restaurant Consulting Services, with revenue of $4.3 million for the year ended June 30, is an access-service provider for the chain-restaurant industry.
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BUSINESS
January 24, 2001
Struggling Aspeon Inc. said Tuesday it has tentatively agreed to sell its Boston food-service application service provider and Oracle business units for $3.5 million in cash to existing management. The money-losing Irvine maker of point-of-sale computers for food and retail industries said in a news release that the transaction would help it curtail operating losses and build cash reserves.
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