Saudi start-up Foodics acquires Jordan’s POSRocket – The National

Saudi start-up Foodics acquires Jordan’s POSRocket – The National

Saudi technology start-up Foodics that serves the retail and food and beverage industries acquired Jordan's POSRocket, the second largest restaurant cloud services provider in the Middle East and North Africa.

Foodics is focused on the retail and food and beverage industries.

The start-up's first acquisition will help it consolidate its position and become the market leader in Egypt, Kuwait, Oman and Jordan, while also paving the way for further deals and its international expansion, the Riyadh-based company said on Sunday.