Deals
NCR to Buy Digital Insight for $1.65 Billion for Web Banking
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NCR Corp., the 129-year-old maker of cash registers and other payment-processing systems, agreed to acquire Digital Insight Corp. for $1.65 billion to gain software for online and mobile banking.
The purchase of Digital Insight, controlled by private-equity firm Thoma Bravo LLC, is expected to be completed in the first quarter of next year, NCR said today in a statement. The transaction will boost adjusted 2014 profit, the company said.