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What's Going On With IT Company NCR Voyix Stock Today?
NCR Voyix Corporation (NYSE:VYX) shares are trading higher on Tuesday following news of a new deal.
The company has entered into an agreement with Veritas Capital, under which a Veritas affiliate will acquire NCR Voyix’s cloud-based digital banking business for $2.45 billion in cash, with potential additional contingent consideration of up to $100 million.
NCR Voyix’s digital banking platform serves over 1,300 top-tier financial institutions and over 20 million active users.
The company said it is well-positioned to leverage its modern platform to acquire new customers and develop innovative products as an independent entity.
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This transaction is part of NCR Voyix’s strategy to streamline its operations and concentrate on its core ...