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NCR Completes Retalix Acquisition

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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

 

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