PNC Financial Acquire Point-of-Sale Firm Linga
Posted on 10/02/2022
Revealed on September 26, 2022, the PNC Financial Services Group, Inc. (NYSE: PNC) acquired Naples, Florida-based Linga POS, LLC (Linga), a point of sale (POS) and payments solutions firm providing a cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC’s digital resources and enhance the bank’s capabilities to better serve its hospitality and restaurant industry clients.
Founded in 2004, Linga developed its restaurant operating system. Linga will retain its founder and CEO, Onur Haytac, its existing management team, and U.S. and Canada-based employees, and will continue to operate out of Naples, Fla., and Toronto. Linga will continue to manage its portfolio of channel partners and clients.
