NCR Acquires Software Provider Netkey

Nov 3, 2009 6:00 AM


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DULUTH, Ga. — POS technology provider NCR here announced yesterday that it has purchased the assets of Netkey, East Haven, Conn., a provider of kiosk and digital signage software applications. Terms were not disclosed.

Netkey, whose customers include Big Y and Target, has over 75,000 kiosks and digital signs installed by more than 400 clients in the retail, finance, transportation and government sectors. NCR will combine Netkey's software platform with its own technologies and will continue to provide multi-vendor hardware support with the Netkey solution.

ABI Research predicts that companies will spend more than $1 billion globally on digital signage solutions next year, growing at an average of 20% per year for the next five years while kiosk deployments will grow an average of 19% per year during the same period.

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