NCR Completes Digital Insight Acquisition

(RTTNews) - NCR Corp. (NCR) said Friday that it has completed its acquisition of Digital Insight Corp., a provider of online and mobile banking solutions, from Thoma Bravo, LLC for $1.65 billion in cash.

The deal was originally announced early last month.

"Our acquisition of Digital Insight comes at a time when financial institutions around the world are looking closely at their retail network strategies and searching for an omni-channel consumer experience," said NCR Chairman and CEO Bill Nuti. "Our Financial Services business is now uniquely positioned with a market-leading SaaS platform to help banks transform their physical and digital business models."