When was Agilysys founded? When was its IPO?
Agilysys traces its roots to two companies formed in the mid-20th Century: Standard Radio, formed in 1932, and Pioneer, founded in 1946. These two companies merged as an Ohio corporation in 1963 to create Pioneer-Standard Electronics, Inc., with its principal office in Cleveland. The company conducted an initial public offering in 1971 and commenced trading on the Nasdaq under the ticker symbol PIOS.
While originally focused on electronic components distribution, the Company embarked on a major strategic transformation in 2003. In September, shareholders approved the renaming of Pioneer-Standard Electronics to Agilysys, Inc., which today trades under the ticker symbol AGYS.
Agilysys divested its lower-margin distribution businesses, paid off all debt, returned significant capital to shareholders and invested in faster-growing software and service markets. Several years and nearly a dozen strategic acquisitions later, Agilysys emerged as a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select vertical markets, including retail and hospitality.
In August 2011, Agilysys divested its Technology Solutions Group and sharpened its focus on the two remaining businesses.
In July 2013, Agilysys divested its Retail Solutions Group and further sharpened its focus on the remaining hospitality-focused business.
In March 2014, Agilysys divested its United Kingdom business entity in a strategic decision to address international markets through a reseller strategy.
Today, Agilysys is a leading developer and marketer of proprietary enterprise software, services and solutions to the hospitality industry. The Company specializes in market-leading point-of-sale, property management, inventory & procurement and mobile & wireless solutions that are designed to streamline operations, improve efficiency and enhance the consumer’s experience. Agilysys serves casinos, resorts, hotels, foodservice venues, stadiums and cruise lines. Agilysys operates extensively throughout North America, Europe and Asia, with corporate services located in Alpharetta, GA, and offices in Singapore, Hong Kong and Malaysia.
How can I obtain an investor information packet or ask IR questions?
An Agilysys investor packet includes the most current annual report, 10-K, 10-Q, most recent quarterly financial releases, and most current proxy information. You may obtain an investor information packet by calling 770.810.7800.
For Investor Relations questions, please contact:
Senior Vice President, CFO & Treasurer
Can I buy stock directly from Agilysys? Does the company sponsor a DRIP?
No, you cannot purchase stock directly from Agilysys; however, we do sponsor a Direct Stock Purchase Plan. To purchase Agilysys stock, you will need to contact a brokerage firm or enroll in our Direct Stock Purchase Plan. Please CLICK HERE to learn more about the Computershare common stock program for investors in Agilysys, Inc.
For additional information regarding the Agilysys Dividend Reinvestment and Stock Purchase Plan, including a Prospectus and enrollment card, please contact the Plan Administrator.
Shareholder Contact information:
Investor Centre™ website at www.computershare.com/investor
800-622-6757 (U.S., Canada, Puerto Rico)
P.O. Box 43078
Providence, RI 02940
By overnight delivery:
250 Royall Street
Canton, MA 02021