Enterprise technology provider NCR Corporation has revealed the new names for its digital commerce and ATM businesses, which will be formed as separate entities following the planned separation in Q4 2023. The digital commerce business will be called NCR Voyix, and the ATM business will be named NCR Atleos.
Facts
- NCR Corporation will split into two independent entities: NCR Voyix (digital commerce) and NCR Atleos (ATM business).
- The company retained the name NCR as it represents experience and customer journeys.
- NCR Voyix leverages the company’s software to transform and run global retail, hospitality, and digital banking technology platforms.
- NCR Atleos is inspired by an atlas or map and represents the company’s plans to expand the ATM business’s reach.
- The separation aims to “unlock value” for shareholders and create two strong companies at scale.
- Tim Oliver and David Wilkinson will lead NCR Atleos and NCR Voyix, respectively, with Joseph Reece as the new chairman of the board of directors.
