NCR buys 3 Brazil hospitality companies, no terms

NCR acquires trio of Brazilian hospitality industry companies, financial terms not disclosed

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DULUTH, Ga. (AP) -- NCR Corp., which makes ATMs and self-service checkout machines, has made a trio of acquisitions to get a foothold in the fast-growing Brazilian market.

NCR bought POS Integrated Solutions, a reseller of its Aloha point of sale software for restaurants, along with hospitality software provider Wyse Sistemas de Informática Ltda, and Radiant Distribution Solutions, a distributor of NCR hospitality hardware.

Financial terms were not disclosed.

NCR was drawn to Brazil by its expanding middle class, which has resulted in a booming business for restaurants. The company lands in Brazil ahead of the 2014 World Cup and the 2016 Olympics.

NCR shares fell 6 cents to $21.52 in afternoon trading.

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