AP News

NCR closes on $650M acquisition of Retalix


DULUTH, Ga. (AP) — NCR has completed its approximately $650 million acquisition of Israel's Retalix.

NCR Corp., which makes ATMs and self-service checkout machines, announced the transaction in November. The company agreed to buy Retalix, a maker of software for retailers, for $30 per share.

NCR said Wednesday that Retalix has become one of its subsidiaries. Retalix has stopped trading on the Nasdaq Global Select Market and Tel Aviv Stock Exchange.

NCR is based in Duluth, Ga.


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