NCR Acquires Foremost Business Systems, Brings Restaurant Technology and Support to Minneapolis

Rhea-AI Summary

NCR Corporation (NYSE: NCR) has announced the acquisition of Foremost Business Systems, a point-of-sale and restaurant solutions provider based in Minneapolis. This acquisition aims to enhance NCR's restaurant technology offerings, which serve over 100,000 restaurants globally. NCR plans to maintain Foremost's existing management and staff to ensure continuity for customers. The integration is expected to improve service delivery in local markets like Minneapolis, enabling access to NCR’s global resources.

Positive

• Acquisition expected to enhance NCR's restaurant technology offerings.
• Maintains Foremost's management team to ensure continuity for existing customers.
• Expansion of service capabilities in local Minneapolis market.

Negative

• None.

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced the acquisition of Foremost Business Systems, a point-of-sale (POS) and restaurant solutions provider in Minneapolis.

This transaction further expands the reach of NCR’s restaurant technology – which is trusted by more than 100,000 restaurants around the world. Solutions including the signature NCR Aloha POS platform and NCR Aloha Essentials subscription package provide everything restaurants need to run their business, boost efficiency and increase growth.

“Bringing Foremost Business Systems into the NCR family aligns with our strategy to increase our capabilities to deliver our solutions and serve our customers in thriving local restaurant markets, like Minneapolis,” said NCR CEO Michael D. Hayford.

NCR will maintain Foremost Business Systems’ existing customer sites with the Foremost Business Systems management team and staff of local Minneapolis restaurant experts. The integration of the Foremost Business Systems team into the NCR local office network accelerates NCR’s ability to bring innovative solutions to Minnesota and Western Wisconsin.

“Our customers will continue to work with the same team they’ve grown familiar with through the years – and now, we have access to global resources and can deliver even better service,” said Lori Alwin, president of Foremost Business Systems.

NCR’s direct presence in the communities we serve and authorized resellers provide local sales and service to small- and medium-sized restaurant businesses across North America. Learn more about our solutions here.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20210823005139/en/

FAQ

What is the purpose of NCR's acquisition of Foremost Business Systems?

The acquisition aims to enhance NCR's restaurant technology offerings and expand its capabilities in local markets.

What benefits does NCR expect from acquiring Foremost Business Systems?

NCR anticipates improved service delivery and access to global resources for better customer support.

Who will manage the customer service after the acquisition of Foremost Business Systems?

Foremost's existing management team and staff will continue to manage customer service.

When was the acquisition of Foremost Business Systems announced?

The acquisition was announced on August 23, 2023.