Yum! Brands Inc. andDragontail Systems Limited announced that they have entered into a binding agreement under which Yum! Brands would acquire the Perth, Australia-based technology company. The deal would give Yum! Brands the ability to scale Dragontail’s artificial intelligence (AI) kitchen order management and delivery technology globally.
Dragontail’s platform is currently deployed across nearly 1,500 Pizza Hut restaurants in over 10 countries. Earlier this year, Dragontail Systems revealed it is working in partnership with Pizza Hut Israel to deploy autonomous drones for pizza delivery.
Dragontail’s platform is focused on optimizing and managing the entire food preparation process from order through delivery. Its AI-based solution automates the kitchen flow combined with the process of dispatching drivers. The technology can also operate with outside food delivery partners. In addition, Dragontail’s platform offers consumer-facing capabilities that enable customers to track their order.
“With Dragontail, we expect to tap into the power of AI to accelerate and further enhance our delivery technology capabilities, especially at Pizza Hut, and optimize the end-to-end food preparation process,” said Chris Turner, Chief Financial Officer, Yum! Brands.