BOCA RATON, FL— Agilysys has signed a definitive agreement through which it will acquire Visual One Systems Corp. If the acquisition closes, the deal will create the merger of two of the larger providers of hospitality software, including property management systems. The acquisition will be funded by cash and is expected to close in late January 2007. According to Agilysys, Visual One will enhance Agilysys’ hospitality software offerings and complement its position in the hotel/casino and destination resort business segments. The purchase would also provide Agilysys with a Windows-based solution for hotels and resorts. Agilysys is based in Boca Raton, FL. Visual One’s U.S. headquarters is in Frederick, MD, while its European headquarters is in Surrey, United Kingdom.
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