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2024-09-16 04:19:05 +0300

NCR To Separate Into Two Independent Companies

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Nasdaq
By Rtt News

(RTTNews) - NCR Corp. (NCR) said that its board has approved a plan to separate the company into two independent, publicly traded companies - one focused on digital commerce, the other on ATMs. The separation is targeted for the end of 2023.

According to NCR, the digital commerce company will be a growth business positioned to leverage NCR's software-led model to continue transforming, connecting and running global retail, hospitality and digital banking.

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The ATM company will be a cash-generative business positioned to focus on delivering ATM as a Service to a large, installed customer base across banks and retailers.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Continue read on nasdaq.com

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