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Business Machines Systems Buys Staley Inc.

2 min read

Business Machines Systems Inc. said this week that it had purchased Staley Inc. of Little Rock.

The combined company, which will use the name Staley Technologies, will be led by Andrew Faulkner and Gary Ferrell. 

Business Machines Systems does business under the name Advanced POS Solutions, of which Faulkner is president. Ferrell is president of Staley Inc.

Staley Electric, a Little Rock electrical contractor led by Brent Staley, is not part of the merger.

Financial terms of the deal were not disclosed.

“I am confident this merger will ensure our ability to best service our customers,” Faulkner said in a news release. “When I purchased APS, I saw a wonderful team of employees and customers who worked as partners. For decades, Staley Technologies has partnered with clients nationwide to provide the expertise needed in technology deployment and installation. By acquiring Staley Technologies and merging the companies, it positions us to better serve clients, together, in new ways as a full-service provider.”

The combined company will have have more than 200 employees and will operate in all 50 states. During the second quarter, all APS employees will move to the Staley campus on Fourche Road in Little Rock.

Staley Technologies was created by Ed Staley in 1986 as an addition to Staley Electric, the company Staley’s father began in 1951. APS was founded in 1971; Faulkner purchased it in 2012. 

Ed Staley said he was confident that Faulkner was the right person to lead the company.

“I am pleased to say that the current leadership team will work alongside Andrew to continue our traditions of quality service and strong values,” he said.

The new Staley Technologies will provide software, hardware, cloud-based solutions and managed services for industries such as hospitality, retail and health care. The company will offer point-of-sale systems and kiosks; closed-circuit television and access controls; digital signage; network infrastructure; and other services.

“This merger will allow National Cash Register (NCR) and APS/Staley Technologies to partner on a much larger scale,” Ken Richard, NCR Corp.’s vice president of global channels, said in a news release. “We are thrilled about the opportunities it presents.”

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