NCR Corp. Acquires Transoft
(FinancialWire via COMTEX) --
September 13, 2012 (FinancialWire) -- Business products and services company NCR Corp. (NYSE: NCR) recently announced its acquisition of North Carolina-based Transoft International Inc., a cash cost optimization software provider for financial institutions and retailers.
NCR said it 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 Corp. (approx market cap. US$ 3.8 bil.) provides products and services that enable businesses to connect, interact and transact with their customers worldwide. It serves financial services, retail and hospitality, travel and gaming, transportation and manufacturing, and entertainment industries. The company was founded in 1884 and is headquartered in Duluth, Georgia. NCR employs approximately 23,500 people.
NCR stock info:
Last quote at close: $23.67
Last close vs. 50-day moving avg.: +1.5%
Last close vs. 200-day moving avg.: +6.3%
Last close vs. 52-wk high: -8.9%
3-mo. avg. daily volume: 2,024,710 shares
Approx. avg. daily money volume: $47,216,237
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Stocks: NCR Corporation (NYSE: NCR)
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