Financial Services Acquisitions for NCR
NCR Corporation has entered into a definitive agreement to purchase Digital Insight Corporation, a provider of online and mobile banking solutions, for a purchase price of US$1.65bn. Digital Insight is majority owned by Thoma Bravo.
NCR has also completed the acquisition of Alaric Systems, a provider of secure transaction switching and fraud prevention software, for a purchase price of approximately US$84m.
NCR says that the two acquisitions will allow it to deliver an enterprise software stack that securely and seamlessly creates a differentiated consumer experience across all channels (online, mobile, ATM, branch) improving a retail bank’s growth, profitability and customer satisfaction.