NCR to buy software company Retalix for $650 million

Wed Nov 28, 2012 4:10pm EST

Nov 28 (Reuters) - Technology company NCR Corp plans to buy Israeli software company Retalix Ltd for $650 million in a bid to expand its footprint in the retail sector.

Shareholders of Retalix, which makes software used by retailers, will get $30 per share, the companies said on Wednesday.

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