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Slide #65. NCR Corporation — Transoft International, Inc.
NCR Corporation (NYSE:NCR)
Transoft International, Inc.
NCR Corporation has acquired Transoft International, Inc., a global leader in cash cost optimization software for financial institutions and retailers. NCR will integrate Transoft's software and SaaS-based product suite and employees into its Financial Services line of business in order to strengthen NCR's existing cash management offering, eventually bringing financial institutions and retailers a unique and compelling integrated cash management solution. Terms of the deal are not disclosed.
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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Strong Buy (4.00 out of 4)