Add-on Acquisition • Information Technology

Radius Networks inc. Acquires Runtriz

On July 19, 2022, Radius Networks inc. acquired information technology company Runtriz

Acquisition Context

This is Radius Networks inc.’s 1st transaction in the Information Technology sector.
This is Radius Networks inc.’s 2nd transaction in the United States.
This is Radius Networks inc.’s 1st transaction in California.

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M&A Deal Summary
Date	July 19, 2022
Target	Runtriz
Sector	Information Technology
Buyer(s)	Radius Networks inc.
Deal Type	Add-on Acquisition

Target Company

Runtriz

Los Angeles, California, United States

Runtriz provides innovative digital solutions for hotels, casinos, and hospitality enterprises. It creates contactless, mobile-first apps with versatile functionality designed to generate workflow efficiencies and greater guest loyalty, strengthening customer relationships through more effective communication between guests and staff. Runtriz was formed in 2006 and is based in Los Angeles, California.

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