Market Overview

NCR Completes Retalix Acquisition

Related NCR
Top 4 Mid-Cap Stocks In The Information Technology Services Industry With The Lowest PEG Ratio
Your Local ATM Could Be Vulnerable To Cyberattack Soon

NCR
Corporation (NYSE: NCR) today announced that it has completed
its acquisition of Retalix Ltd. (NASDAQ: RTLX), a leading global
provider of innovative retail software and services.

“This acquisition is another demonstration of NCR's commitment to global
innovation, leadership and delivering a world-class portfolio of
solutions that create significant value for our shareholders and
customers,” said NCR Chairman and CEO, Bill Nuti. “Retalix's
market-leading software, services capabilities, and exceptional talent
are a strategic fit for NCR, and support our continued focus on a future
driven by software, wrapped elegantly in hardware and services.”

In the transaction, NCR is paying a cash purchase price of $30.00 per

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

Most Popular

Related Articles (RTLX + NCR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free