Agency / Source: Radiant Systems, Inc. | NCR

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

NCR Announces Acquisition of Store Virtualization Technology Leader Zynstra - NCR Corporation, a global enterprise technology company for the retail, hospitality and banking industries, today announced the acquisition of UK-based Zynstra, a provider of edge virtualization technology - Zynstra.com / NCR.com
NCR Announces Acquisition of Store Virtualization Technology Leader Zynstra

 

PRZOOM - /newswire/ - Atlanta, GA, United States, 2019/12/23 - NCR Corporation, a global enterprise technology company for the retail, hospitality and banking industries, today announced the acquisition of UK-based Zynstra, a provider of edge virtualization technology - Zynstra.com / NCR.com. NASDAQ: RADS; NCR

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Store Equipment/Vending Machines/PoS Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

NCR and Zynstra have worked together for several years, reflected in the launch of NCR Software Defined Store introduced in January 2019 and in use by companies like Pilot Flying J. This unique, subscription-based virtualization solution is one of the critical pillars of NCR’s next-generation store architecture for the retail and hospitality industries.

By virtualizing back and front office technology, businesses can realize significant hardware cost savings and enterprise technology management can be much more cost effective. For example, with a simple swipe of the screen a device can change from a POS terminal to an inventory management console.

“This acquisition is another demonstration of our strategy to acquire new companies to enhance product capabilities and extend our leadership in the vertical industries we serve,” said NCR President and Chief Executive Officer Michael D. Hayford. “The addition of Zynstra’s virtualization technology to our software stack gives NCR even more solutions to help our customers run their store or restaurant end-to-end.”

A recent Total Economic Impact™ study commissioned by NCR and conducted by Forrester Research
of NCR Software Defined Store customers found that an average organization with approximately 750 retail stores could see a 164 percent return on investment through store virtualization.

“At Zynstra, we’ve built a world-class capability that we know can make a significant difference for our clients,” said Nick East, chief executive officer, Zynstra. “When we started to work with NCR, we realized that our combined strengths made for an unmatched service, with a global reach. I am personally very excited about what it means for our customers and our team and am looking forward to leading the acceleration of our vision for the market.”

“We’ve worked closely with the NCR and Zynstra teams and have first-hand experience of their complementary technology and ability to deliver together,” said Mike Rodgers, chief information officer, Pilot Flying J. “Software Defined Store is strategic for us, virtualizes all our in-store systems and is delivering a great return on investment. This combination makes sense and we’re excited about what’s coming.”

NCR’s solutions help businesses compete in an evolving landscape of physical and digital consumers by providing advisory and consulting services, hardware/software, payments, support and managed services. Retailers can see the benefits of edge virtualization technology and NCR’s next-generation store architecture first hand in booth #4619 at NRF’s BIG Show 2020, January 12-14, 2020.

NCR purchased Zynstra (zynstra.com) for approximately 100 Million British Pound Sterling. The acquisition is expected to be slightly dilutive to earnings per share in 2020.

About NCR Corporation

NCR Corporation (ncr.com) is a leading software- and services-led enterprise provider in the financial, retail, hospitality, telecom and technology industries. NCR is headquartered in Atlanta, Ga., with 34,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Media Contact: Mariana Fischbach - Ketner Group Communications (for Zynstra)
P: 512-794-8876 - E: mariana[.]ketnergroup.com.

NCR Investor Relations: Michael Nelson
P: 678-808-6995 - E: michael.nelson[.]ncr.co.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Store Equipment/Vending Machines/PoS Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Radiant Systems, Inc. | NCR

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Store Equipment/Vending Machines/PoS articles,
CATCH Visitors via Your Competitors Announcements!


NCR Announces Acquisition of Store Virtualization Technology Leader Zynstra

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Warner May - NCR.com 
404-983-2500 warner.may[.]ncr.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Radiant Systems, Inc. | NCR securities in any jurisdiction including any other companies listed or named in this release.

Store Equipment/Vending Machines/PoS via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Radiant Systems, Inc. | NCR / Company Profile


Read Store Equipment/Vending Machines/PoS Most Recent Related Press Releases:

TMEIC Acclaimed by Frost & Sullivan for the Unique Heat Dissipation Design of its MV Drive, TMdrive-Guardian
Posiflex Becomes an Authorized Economic Operator (AEO) in Taiwan
Bankmed Launches First Deployment of DN Series™ in Lebanon
NYMBUS Licenses NCR’s D3 Digital Banking Platform
Posiflex Technology, Inc. Will Showcase its Latest Technology and Integrated Serviced IoT Solutions in GITEX Technology Week 2019
Diebold Nixdorf Brings Self-Service Technology into the Convenience Store At 2019 NACS® Show
Diebold Nixdorf Named a Member of the Business Ethics Leadership Alliance
Mastercard and ZIVELO Leverage Artificial Intelligence to Revamp the Ordering Experience At Quick Service Restaurants
Posiflex Will Present its Full Product Portfolio and Latest Innovations At RETAILTECH JAPAN 2019
Diebold Nixdorf Digitally Transforms Consumer Journeys and Revitalizes Stores At EuroCIS 2019

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  Digital45 | Studio45 IT Services (P) Ltd

Visit  Limelon Advertising, Co.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2020 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today