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NCR discontinues manufacture of former Tidel ATMs, re-evaluates retail-ATM line
January 26, 2009
LOUSIVILLE, Ky. — NCR Corp. spokesman Jeff Dudash confirmed this morning that NCR last week laid off 14 employees in Carrollton, Texas, where NCR manufactures its EasyPoint retail ATM line. Dudash could not confirm how the layoffs might impact operations at the facility, which NCR acquired from Tidel Technologies in December 2005, when it bought the ATM business owned and operated by Tidel Engineering LP.
Dudash said NCR will discontinue the manufacture of the EasyPoint 3300 and the EasyPoint 3600 — two former Tidel ATM models that NCR merged into its EasyPoint retail line after the acquisition.
"Last Thursday the employees were informed that the EPs would be discontinued and that they would be laid off," Dudash said.
Dudash said NCR is helping the 14 affected employees with job-placement services.
The news is bitter-sweet, as it likely marks the final divide in the unlikely yet interesting marriage of two noteworthy ATM players — Tidel, the once revered retail ATM manufacturer, and NCR, the ATM giant in banking.
The union was lauded by NCR as a way for NCR to finally make substantial headway in the off-premises ATM business and for Tidel to get a second chance after the Credit Card Center debacle that basically bankrupted Tidel.
As remaining retail ATM players such as Triton Systems and Tranax Technologies have struggled financially, NCR's announcement to drop Tidel's legacies is not surprising. The ripple of economic shifts has been felt in the entry-level ATM market for the last 24 months, though Dudash was reluctant to pin the discontinuance of the 3300 and the 3600 on the economy.
"I wouldn't say the economy had anything to do with," he said. "This is just part of our ongoing evaluation of our product line, and we are in the process now of looking at the solutions that they provide for the lower-end (ATM) market."
Read also, NCR closes ATM supply plant in Wisconsin.
Retail / Off-PremisesPublic CompaniesDistributors / ISO / IADTrends / StatisticsManufacturersNorth AmericaBank / Credit UnionTranax Technologies, Inc.Triton
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