PAR Technology (PAR) said Monday it agreed to divest from its government operations segment through the sales of its wholly owned subsidiaries PAR Government Systems and Rome Research for a total of $102 million.
The company said it completed the sale of its PAR Government Systems business to Booz Allen Hamilton (BAH) last Friday. Meanwhile, it agreed to sell Rome Research to NexTech Solutions in a deal expected to close by the end of Q2.
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