Veritas Capital news and trends

NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential
Digital Banking // August 07, 2024

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report. For NCR Voyix, the company’s sale of...

NCR Voyix Sells Digital Banking Arm for $2.5 Billion
Acquisitions // August 06, 2024

Digital commerce firm NCR Voyix has found a buyer for its cloud-based banking business. Tech investor Veritas Capital has agreed to purchase the banking platform for $2.45 billion in cash, along with “future additional contingent consideration” of up to $100 million, NCR Voyix announced Tuesday (Aug. 6). “We believe that Veritas,...

Quick Reads
NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital; Rebrands as Candescent

September 30, 2024
NCR Voyix has completed the sale of its digital banking unit, the company said in a Monday (Sept. 30) news release. The unit was sold to Veritas Capital for $2.45 billion in cash, along with the potential for additional contingent consideration of up to $100 million, the company said in the release. Rebranded as Candescent, the digital […]

NCR Voyix Sells Digital Banking Arm for $2.5 Billion

August 06, 2024
Digital commerce firm NCR Voyix has found a buyer for its cloud-based banking business. Tech investor Veritas Capital has agreed to purchase the banking platform for $2.45 billion in cash, along with “future additional contingent consideration”...