An exclusive report by the Wall Street Journal says that The Blackstone Group has agreed to sink $800M into the company in exchange for a 15 percent stake.
The company envisions its new campus as an 'East Coast tech hub.'
Preliminary results for the company's fiscal year, which ended Sept. 30, show a dip in hardware sales partially offset by an increase in software and services.
The companies say the deal will position them to pursue $3.3 trillion in European payments currently transacted with cash.
Following the acquisition, Securitas will serve as Diebold’s preferred supplier for electronic security solutions, the companies say.
'Nothing is going to happen,' an inside source reports.
The ATM-maker's largest private shareholder reportedly sold its 9 percent stake in NCR after the company failed to find a buyer.
A source 'with direct knowledge' about buyout negotiations says a bid on the table has fallen through and buyout consideration is at an end for the ATM-maker.
A bid from Thoma Bravo is said to be on the table, but sources say it's a toss-up as to whether NCR will accept $1 billion less than its asking price.
Hardware sales fell while software and services sales rose; in restructuring, the company aims to further exploit opportunities presented by the digital trend in banking and retailing.
First it was Blackstone and Carlyle preparing a joint bid for NCR. Then it was just Thoma Bravo. Now rumor has it that it's Blackstone vs. Thoma Bravo.
The latest word on The Street has 'consolidation' investment firm Thoma Bravo seeking to put together a $9 billion bid for the ATM-maker.
The $80 million deal brings Cardtronics a dedicated, purpose-built technology platform serving ATM deployers in the independent retail sector, the company says.
The company has reportedly extended its deadline for binding bids from July 8 to July 26, but interest among potential buyers seems to be waning.
A new report in the ongoing NCR sale saga has the company's rumored bidders balking at its rumored asking price of $10 billion.