SQ - NCR Acquires Zynstra For POS Virtualization Tech
Quick Take
NCR (NCR) has announced the acquisition of Zynstra for GBP100 million ($130.6 million).
Zynstra has developed software virtualization technology that enables retailers to improve their existing technology investments.
With the deal, NCR gains another offering for prospects who don’t want to completely change out their POS systems but instead wish to upgrade their existing technology investment.
Target Company
Bath, UK-based Zynstra was founded to develop subscription-based virtualization technologies that allow retail store operators to use their existing hardware technology with the firm's new operating system to upgrade their in-store capabilities and