IBM is reportedly in early-stage talks to purchase iPad-based point-of-sale (POS) firm Revel Systems, according to sources that spoke with Bloomberg.
Though both companies refused to comment, IBM could begin running trials of Revel’s product, which is used at retailers including Cinnabon and Goodwill, later this year. Revel was valued above $500 millionfollowing a $13.5 million funding round last August.