M&A Deal Summary

NCR Voyix Acquires The Permond Solutions Group

On October 26, 1999, NCR Voyix acquired business services company The Permond Solutions Group

Acquisition Highlights
  • This is NCR Voyix’s 2nd transaction in the Business Services sector.
  • This is NCR Voyix’s 1st transaction in Canada.
  • This is NCR Voyix’s 1st transaction in Ontario.

M&A Deal Summary
Date 1999-10-26
Target The Permond Solutions Group
Sector Business Services
Buyer(s) NCR Voyix
Deal Type Add-on Acquisition

Target

The Permond Solutions Group

Etobicoke, Ontario, Canada
The Permond Solutions Group is a computer services company. Permond has traditionally provided service assistance to the IT organizations of customers who need help with installation, service support, training and certification on computer and communications technology. Permond is a parallel service organization that trains and supplies service professionals who support original equipment manufacturers and third-party computer organizations. Permond also provides a variable workforce needed by many companies during peak service and training periods or large projects.

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Buyer(S) 1

Buyer

NCR Voyix

Atlanta, Georgia, United States
Category Company
Founded 1881
Sector Information Technology
Employees15,500
Revenue 3.8B USD (2023)
DESCRIPTION
NCR's corporate headquarters in Atlanta, Georgia.
NCR's corporate headquarters in Atlanta, Georgia.

NCR Voyix is a global technology company focused on providing an ATM and POS manufacturer. The company provides products and services that enable businesses to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service. NCR Voyix was founded in 1881 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 4 of 35
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 3 of 32
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-09-30 Decision Support Services

Alpharetta, Georgia, United States

Decision Support Services provides software, as well as marketing and development work for the communications and energy utilities industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-11 Ceres Integrated Solutions

Raleigh, North Carolina, United States

Ceres Integrated Solutions is a provider of intelligent operational software and analytical services. Ceres Integrated Solutions was formed in 1996 and is based in Raleigh, North Carolina.

Buy $90M
Mergr

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