NCR buys Netkey to provide kiosk, digital signage solution

Duluth, Ga. NCR Corp. has purchased the assets of Netkey, Inc., a provider of kiosk and digital signage software applications. Terms were not disclosed.

Netkey’s enterprise software platform uses a scalable architecture that enables fast and flexible development of applications for kiosk and digital signage-based solutions. NCR will combine Netkey’s software platform with its own technologies to provide an enterprise solution. In addition, NCR will continue to provide multivendor hardware support with the Netkey solution.

ABI Research predicts that companies will spend more than $1 billion globally on digital signage solutions next year, growing at an average of 20% per year for the next five years while kiosk deployments will grow an average of 19% per year during the same period.

Netkey has over 75,000 kiosks and digital signs installed by more than 400 clients in the retail, finance, transportation, and government sectors. Many of these customers also use NCR’s kiosk, self-checkout or point-of-sale solutions.