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NCR Voyix Corporation Enters Agreement to Sell Digital Banking to Veritas Capital for $2.45 Billion

Aug 06, 2024almost 2 years ago

Contract Type

agreement

AtlantaE CommerceRetail

Description

NCR Voyix Corporation has entered a definitive agreement with Veritas Capital to sell its cloud-based digital banking business for $2.45 billion in cash plus future additional contingent consideration of up to $100 million. The digital banking platform of NCR Voyix is currently the largest independent platform of its kind in the United States, serving more than 1,300 top-tier financial institutions and over 20 million active users.

Company Information

Company

NCR Voyix

Location

Atlanta, Georgia, United States

About

NCR Voyix Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail and restaurant industries. NCR Voyix empowers retailers and restaurants to transform their customers experiences through a comprehensive cloud-based platform and extensive services capabilities. Headquartered in Atlanta, Georgia, it serves customers in more than 30 countries.

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