NCR Moves Forward with Separation Plan

Plans for the separation of NCR Corporation into two separate businesses is moving apace, with the US Securities and Exchange Commission declaring effective the registration on Form 10. The two new businesses, NCR Atleos and NCR Voyix, will focus on ATMs and digital commerce in retail, hospitality and banking, respectively.

The plans for the separation are expected to be completed in the fourth quarter of this year.

‘NCR is well positioned to successfully separate into two market-leading companies, each with opportunities for long-term growth,’ Michael D Hayford, CEO of NCR, said. ‘Q2 was one of the strongest quarters in our history and NCR Atleos and NCR Voyix are ready to build on this momentum, create value for shareholders and make each a top destination for talent globally.’