STRATEGIC PARTNERS
December 28, 2017
NCR Corporation, a provider of omnichannel solutions, has completed the sale of all dedicated assets of its former interactive printer solutions division located in the Middle East and Africa region to Interactive Printer Solutions FZCO, a member of the Turbon Group of Companies. Financial terms were not disclosed.
The transaction includes NCR's IPS manufacturing facility in the Jebel Ali Free Zone in Dubai, strategically located IPS distribution centers and IPS employees in the MEA region. IPS FZCO will continue to maintain a commercial relationship with NCR following the transaction.
The transaction completes the final phase of the previously announced sale of NCR's IPS division. NCR completed the first phase of that sale to Atlas Holdings LLC last year.
