NCR Corp. acquired remaining 91.3% stake in uGenius Technology, LLC.
January 02, 2013 at 11:00 pm
NCR Corp. (NYSE:NCR) acquired remaining 91.3% stake in uGenius Technology, LLC on December 31, 2012. Under the terms of agreement, the purchase price for substantially all of the assets of uGenius Technology was $37 million in cash, including the settlement of NCR Corp's pre-existing 8.7% equity investment in uGenius Technology, LLC, plus related acquisition costs.
NCR Corp. (NYSE:NCR) completed the acquisition of remaining 91.3% stake in uGenius Technology, LLC on December 31, 2012.