NCR buys retail software provider

DULUTH, Ga. -- NCR, an electronics company specializing in POS and self-service systems, announced it has completed its acquisition of Retalix Ltd., a leading global provider of retail software and services.

“This acquisition is another demonstration of NCR’s commitment to global innovation, leadership and delivering a world-class portfolio of solutions that create significant value for our shareholders and customers,” said NCR chairman and CEO, Bill Nuti. “Retalix’s market-leading software, services capabilities, and exceptional talent are a strategic fit for NCR, and support our continued focus on a future driven by software, wrapped elegantly in hardware and services.”

With the completion of the transaction, Retalix became a wholly owned subsidiary of NCR.