Womble Bond Dickinson has advised NCR Corporation on the acquisition of Zynstra for approximately £100 million.
NCR and Zynstra have worked together for several years, reflected in the launch of NCR Software Defined Store introduced in January 2019. This unique, subscription-based virtualisation solution is one of the critical pillars of NCR’s next-generation store architecture for the retail and hospitality industries.
Zynstra, based in Bath, has developed innovative “edge virtualisation” software which optimises existing retail store technology to enhance customer and employee experiences through faster innovation and which reduces cost to serve in-store.
NCR is headquartered in Atlanta, does business in 180 countries. NCR’s solutions help businesses compete in an evolving landscape of physical and digital consumers by providing advisory and consulting services, hardware/software, payments, support and managed services.
The WBD team was led by Corporate Partner, Tom Fitzpatrick (Picture) and Corporate Managing Associate Alex Fergus, with support from US Client Partner, Sharon McBrayer Johnson. The wider team involved support from tax, commercial, data protection, IP, employment and pensions specialists in both the UK and the US.
Clients: NCR Corporation;