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NYSE:NCR has acquired CimpleBox, a provider of cloud-based back-office apps for restaurant owners and retailers, for an undisclosed sum.
- The purchase continues a multi-year effort by NCR to grow its software exposure. In 2012, the company struck a $650M deal to buy point-of-sale software provider Retalix.
- NCR notes CimpleBox's software (aimed at SMBs) is already integrated with the company's NCR Silver mobile point-of-sale product line, and proclaims it "helps businesses reduce the amount of time spent on manual processes, consolidates data and scheduling across multiple sites and gives management visibility into the business and day-to-day operations."