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Synopsis
NCR Voyix, a global provider of digital commerce solutions for the retail, restaurant and digital banking industries, completed the spin-off of NCR Atleos, a company that specializes in ATM hardware sales and one of the largest ATM network operators globally. The spin-off was effected through a pro rata distribution of all outstanding shares of Atleos common stock to holders of Voyix’s common stock. “Today Atleos launches as a separate public company with competitive momentum and a compelling growth strategy. Higher recurring revenue streams paired with a scalable and efficient cost structure, and prudent capital redeployment should drive strong and predictable financial results," Tim Oliver, Atleos CEO.
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