NCR is buying Transoft International, a provider of software that analyzes the cash needs of...

|About: NCR Corporation (NCR)|By:, SA News Editor
NCR is buying Transoft International, a provider of software that analyzes the cash needs of financial institutions and retailers, for an undisclosed sum. NCR, which sells ATMs and point-of-sale systems to said institutions and retailers, claims Transoft will help it "build a unique and compelling cash management solution." Earlier today, NCR announced a $500M debt offering, which it expects to use to fund its pension plan and pay down outstanding debt.