NCR To Split, Allow More Self-Checkout, POS Focus
Written by Evan SchumanJanuary 8th, 2007
NCR on Monday confirmed that it is splitting into two independent publicly traded companiesby spinning off its $1.5 billion Teradata data warehousing business.
The impact on retail tech may be minimal, but the company is hoping that the fewer distractions from its self-checkout and POS businesses couldn’t hurt. NCR said the distribution ratio will be determined at a future date and that the spin off is “expected to be completed in six to nine months,” subject to regulatory approvals.
January 9th, 2007 at 7:28 am
This news isn’t surprising, given their earlier acquisition of InfoAmerica and their self-service demos at FS/TEC and elsewhere — along with the statement early last year that 2006-7 was the year of self-service for NCR.
Competition from Radiant and NextChoice might also be prodding big, old NCR to get on the stick and protect its base by cross-selling existing customers self-service solutions.