Computers M&A » By The Online Investor Staff, updated Tue., Apr. 13, 9:49 AM
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 an enterprise provider selling a portfolio of digital first software, services, payments and hardware. Co.'s segments include: Banking, which provides solutions to customers in the financial services industry through software, services and hardware; Retail, which provides solutions to customers in the retail industry; Hospitality, which provides solutions to customers in the hospitality industry, including cloud-based software applications for point-of-sale, back office, payment processing, and kitchen production; and Telecommunications and Technology, which provides maintenance, managed and other services using solutions such as remote management and monitoring services.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 85th percentile
(ranked higher than approx. 85% of all stocks covered)
Analysts' Target Price: NCR Stock Forecast Based on Zacks ABR data; powered by Xignite |
