NCR officially announces it's buying Retalix (RTLX) for $30/share in cash, or $650M. The deal is...

|About: NCR Corporation (NCR)|By:, SA News Editor
NCR officially announces it's buying Retalix (RTLX) for $30/share in cash, or $650M. The deal is (unsurprisingly, since it's cash-based) expected to be accretive to 2013 earnings, and is seen closing in Q1. NCR claims Retalix's software and services, used in over 70K retail locations, demonstrates its "transformation to a hardware-enabled, software-driven business model." CC at 5:30 PM ET (webcast). NCR and Retalix are halted - the latter soared after news of the deal broke. (PR)