NCR Puts Up $1.65B For Mobile Banking Co.

Law360, New York (December 2, 2013, 6:53 PM EST) -- Business technology company NCR Corp. continued the transformation of its financial services branch Monday, announcing not only plans to pick up online and mobile banking solutions company Digital Insight Corp. for $1.65 billion but also the closing of its $84 million acquisition of fraud prevention software provider Alaric Systems Ltd.

The addition of both companies is a game changer for NCR's current capabilities in the banking industry, NCR Chairman and CEO Bill Nuti explained in a statement.

"This is a historic day for NCR," he said....
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