NCR sells off part of Systemedia portfolio

NCR sells off part of Systemedia portfolio
Tags: Bank / Credit Union, Manufacturers, NCR Financial Solutions, Other, Public Companies, Regulatory Issues
August 2, 2006

The Associated Press: ATM maker NCR Corp. said Aug. 2 that it sold the U.S. forms and laser documents portfolio of its Systemedia business consumables division to Printsouth Corp. Financial terms of the deal were not disclosed. NCR officials said the sale, which only covers products manufactured or sold in the United States, will allow the company to better address market demands. (Read also NCR's ATM business sees operating income fall in 2Q '06.)