NCR considering strategic alternatives including sale of company
Technology giant NCR Corp. (NYSE:NCR) is considering “strategic alternatives” as the Duluth-based technology giant pivots from hardware to software and services.
NCR is considering options including the spinoff or sale of assets, or a return of cash to investors through a dividend or share buyback, The Wall Street Journal reported, citing people familiar with the matter. A full sale of the company is also on the table, but some of the people cautioned that is a less-likely outcome.
Earlier this year, NCR said it will relocate headquarters to Midtown, where it will employ more than 3,500 people.