SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today's Transactions:
NCR Acquires UGenius Technology

UGenius Technology makes video-banking software for ATMs

NCR Corp. (NYSE: NCR) purchased UGenius Technology Inc., a video-banking software company.

NCR’s acquisition will help it grow its interactive teller services, which helps consumers conduct remote assisted-teller machine (ATM) transactions.

The two companies collaborated in 2011 to build the first software that lets banks deliver the first ATM allowing consumers talk and bank with a live, remote teller. NCR acquired a minority stake in Sandy, Utah-based UGenius in January 2012.

NCR, headquartered in Duluth, Ga., plans to integrate uGenius' technology with its Aptra Interactive Teller product, which the ATM maker expects to test with several U.S. banks in the first half of 2013. Terms of the deal were not disclosed.

 

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