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NCR Announces $1.65 Billion Acquisition of Online/Mobile Banking Solutions Company
December 5, 2013
ATLANTA—Womble Carlyle client NCR Corporation continues its pattern of dramatic growth. Officials with the consumer transaction technology leader announced earlier this week that NCR has entered into an agreement to acquire Digital Insight for $1.65 billion in cash.
A multidisciplinary Womble Carlyle team led by Sharon McBrayer Johnson and including Eric Glidewell, Lou Barbieri, Meredith Francis, Ted Claypoole, Behrooz Shariati and James Daniel counseled NCR on this transaction. In 2011, Johnson’s team also guided NCR in the $1.2 billion acquisition of Radiant Systems.
“This is a historic day for NCR,” NCR Chairman and CEO Bill Nuti said in a statement. “With the announcements of our agreement to purchase Digital Insight and our acquisition of Alaric Systems, NCR becomes a powerful, global FinTech solutions provider enabling retail banks to deliver on the promise of omni-channel capabilities – on top of an unparalleled, innovative software platform.”