As per the information detailed in the press release, NCR Voyix and Veritas signed a definitive agreement under which an affiliate of the latter is set to acquire the company’s cloud-based digital banking business for nearly USD 2.45 billion in cash, as well as an additional contingent consideration of up to USD 100 million. According to NCR Voyix’s officials, the decision to sell intends to enable the firm to increase shareholder value by solidifying its financial position and centring its efforts on its core restaurant and retail customers.
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