Computers M&A » By The Online Investor Staff, updated Sat., Jan. 16, 10:11 PM
Recent mergers and acquisitions in the Computers M&A category.
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Slide #52. NCR Corporation — uGenius Technology
Acquirer:
NCR Corporation (NYSE:NCR)
Acquiree:
uGenius Technology
Details:
NCR Corporation has purchased uGenius Technology, Inc., a Utah-based pioneer in video banking software. NCR's acquisition of uGenius will help it continue to grow its APTRA Interactive Teller solution, which lets consumers conduct remote, assisted-teller transactions over an ATM - speaking with a live teller who has control of the machine. NCR anticipates that it will begin pilots for APTRA Interactive Teller with multiple top 10 U.S. banks in the first half of 2013.
NCR is a software- and services-led enterprise provider in the financial, retail, hospitality and telecommunications and technology industries. Co. is an enterprise provider selling a portfolio of digital first software, services, hardware and payments. Co.'s segments include: Banking, which includes automated teller machines and payment processing hardware and software; Retail, which provides solutions that primarily include retail-oriented technologies, such as point of sale (POS) terminals and POS software; Hospitality, which provides solutions that include POS hardware and software solutions; and Other, which includes telecommunications and technology solutions.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 86th percentile
(ranked higher than approx. 86% of all stocks covered)
Analysts' Target Price: NCR Stock Forecast Based on Zacks ABR data; powered by Xignite |
