Tuesday, September 23, 2014
Search
  
Tuesday, April 17, 2012
 Toshiba to Acquire IBM's Retail Store Point-of-Sale Solutions Business
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Toshiba TEC, a unit of Toshiba, will acquire IBM's Retail Store Solutions (RSS) business, which offers retail point-of-sale (POS) solutions worldwide.

Upon completion of the transaction, Toshiba Tec would strenf=gthen its position as a retail point of sale systems company, offering hardware, software and integrated in-store solutions, and will team with IBM to bring the Smarter Commerce experience to retailers and their customers worldwide.

The purchase price is approximately US$850 million (JPY: 68 billion).

As part of the transaction, Toshiba Tec will enter into a multi-year agreement with IBM in which Toshiba Tec will become a IBM Premier Business Partner for Smarter Commerce. It is expected that upon completion of the deal, Toshiba Tec, a subsidiary of Toshiba, will acquire IBM's Retail Store Solutions overall business operation functions globally, including development, sales and related in-store maintenance.

The transaction is expected to close late in the second quarter or early in the third quarter of 2012 subject to the satisfaction of regulatory requirements and customary closing conditions.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .