28 February 2017
Visit EBAday.com

NCR closes Digital Insight acquisition

13 January 2014  |  1052 views  |  0 Source: NCR

NCR Corporation (NCR), the global leader in consumer transaction technologies, today announced that it has completed its previously-announced acquisition of Digital Insight Corporation, a leader in online and mobile banking solutions, from Thoma Bravo, LLC for $1.65 billion in cash.

"Our acquisition of Digital Insight comes at a time when financial institutions around the world are looking closely at their retail network strategies and searching for an omni-channel consumer experience," said NCR Chairman and CEO Bill Nuti. "Our Financial Services business is now uniquely positioned with a market-leading SaaS platform to help banks transform their physical and digital business models. This acquisition strengthens NCR's branch transformation strategy and positions the Company for long-term growth, accelerated margin expansion and earnings appreciation."

RBC Capital Markets, LLC acted as lead financial advisor to NCR. J.P. Morgan and BofA Merrill Lynch also acted as financial advisors and Womble Carlyle Sandridge & Rice, LLP acted as legal counsel to NCR on the Digital Insight transaction. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit Yelloco.co.ukvisit BNP paribas

Who is commenting?

A Finextra member Finextra Member Commented on: Really really really K...
A Finextra member Finextra Member Commented on: In wake of Cloudflare...
A Finextra member Finextra Member Commented on: Bank consultancy Zeb o...

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
14070 views comments | 53 tweets | 74 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
8073 views comments | 7 tweets | 4 linkedin
hands typing furiouslyBlockchain Technology
7853 views 1 | 18 tweets | 8 linkedin
Starling releases Open API, talks up marketplace modelStarling releases Open API, talks up marke...
7602 views comments | 19 tweets | 18 linkedin
Barclaycard strikes new wearable deals for contactless jewellery and watchesBarclaycard strikes new wearable deals for...
7031 views comments | 17 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job