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Technology

Toast acquires Delphi Display Systems

February 16, 2023

Toast, an all-in-one digital platform for restaurants, which announced last week that it partnered with Google to allow online Google ordering, has acquired Delphi Display Systems, a provider of digital display solutions and drive-thru technology for restaurants.

Delphi's technology, which has the potential to reach the over 400,000 QSRs and fast casual eateries in the U.S., extends Toast's suite of products, including Toast Flex for Guest, Toast Mobile Order and Pay, Toast Kiosks, Toast Online Ordering and more, according to Aman Narang, COO and co-founder of Toast.

"As the needs of guests rapidly evolve and the importance of developing incremental revenue streams grows, restaurants increasingly want to diversify into more service models," he said in a company press release. "Integrating Delphi into the Toast platform will enable us to deepen our support for customers who operate a drive-thru service model. We're delighted to welcome the Delphi team to Toast."

According to Toast's Voice of the Restaurant Industry survey, restaurants, on average, are managing at least seven service models, including drive-thru and they need help.

"Delphi's vision is to transform the drive-thru experience with state-of-the-art innovation," Ken Neeld, Delphi Display Systems president and CEO, said in the release. "We see Toast as a leading restaurant technology platform and a similarly forward-thinking partner, so we couldn't imagine a better next chapter for Delphi. We're delighted to join Toast and collectively enhance our ability to serve the global quick-service and enterprise restaurant communities as we have for the past 25 years."

Since November 2022, Toast has also announced integrations or partnerships with Deliverect, Soundhound and Yumpingo




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