NCR Announced Purchase Of Netkey Assets (NCR)

Mon. November 02, 2009; Posted: 01:06 PM

Nov 02, 2009 (SmarTrend(R) News Watch via COMTEX) -- NCR | Quote | Chart | News | PowerRating -- 11/2/2009 - NCR Corp. (NYSE:NCR) announced today that it has purchased the assets of Netkey, Inc. The terms of the deal were not disclosed. Netkey's enterprise software platform uses a scalable architecture that enables fast and flexible development of applications for kiosk and digital signage-based solutions. NCR will combine Netkey's software platform with its own technologies to provide a best-in-class enterprise solution, which includes software applications and a suite of services. Vice president and general manager for NCR's retail line of business Mike Webster said, "Consumers increasingly expect to interact with companies when and how they wish, and businesses are responding by offering their customers a seamless experience across the channel of their choice. This acquisition will enable NCR to help its customers across multiple industries with kiosk and digital signage solutions that deliver more effective transactions, promotions and information as part of a merged channel strategy. In doing so, NCR will take a best-in-class solution, combine it with best-in-class hardware and services, and deliver compelling competitive advantage, ultimately on a global basis. Our approach is an example of NCR executing its software-driven, hardware-enabled and services-led corporate strategy."

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Ncr Corp (NCR) click here. Ncr Corp (NCR) has Short Term PowerRatings of 5. Details on Ncr Corp (NCR) Short Term PowerRatings is available at This Link.

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