NCR Corporation is to buy Research Computer Services (RCS), a provider of application software for retailing chains. Financial terms of the transaction were not disclosed.
RCS specializes in software and related services for retailers such as department, discount and specialty store chains. It will operate as a wholly-owned subsidiary of NCR and remain in its headquarters in Dayton, Ohio, and an office near Atlanta. Dave Ashcraft, founder, will continue as president of RCS.
“We’re confident this investment will accelerate NCR’s growth in the global market for store automation solutions,” said Tony Fano, senior vice president of NCR. “Our companies began working together more than a decade ago. With this new relationship, we will be able to expand the scope of our offerings and grow our sales in international markets as well as with smaller retailing businesses.”
Both companies are founding partners of the Digital Receipt Alliance, which is driving the standard for delivering secure receipts over the internet.
NCR sells the RCS solution as NCR Advanced [email protected] Merchandise to large retail chains. Among its customers are The Limited, Office Depot, Target, and PETsMART in the United States, Debenhams in the United Kingdom, and David Jones in Australia.
RCS will remain an independent software vendor, providing solutions and services for various open, industry-standard POS hardware platforms.
“At RCS, we’re very excited to enhance the technology leadership of both companies,” said Dave Ashcraft. “Together, we will be in an even stronger position to provide retailers worldwide with proven, robust, solutions that are able to grow with their businesses.”
Founded in 1983 in Dayton, Ohio, RCS specializes in transaction processing systems and solutions using component technologies. In the late eighties, RCS entered the retail marketplace and has become a leader in providing point-of-service software solutions for large retailers worldwide.
NCR provides relationship technology solutions for the retail, financial, communications, travel and transportation, and insurance markets. Its solutions include store automation, ATMs and privacy-enabled Teradata“ warehouses.