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The headline here appears to be a bit misleading - according to a report in Forbes[1], Coinstar/Redbox has acquired NCR's DVD kiosk business (which ran under th
by hornokplease 15y ago
The headline here appears to be a bit misleading - according to a report in Forbes[1], Coinstar/Redbox has acquired NCR's DVD kiosk business (which ran under the Blockbuster Express brand), not the entirety of NCR.
<edit> The Redbox press release [2] makes it clear that they have only acquired NCR's entertainment line of business.
[1] http://www.forbes.com/sites/ericsavitz/2012/02/06/ncr-q4-tops-forecasts-full-year-outlook-above-street-ests http://www.forbes.com/sites/ericsavitz/2012/02/06/ncr-q4-top...
[2] http://www.marketwire.com/press-release/redbox-to-acquire-the-assets-of-ncrs-entertainment-line-of-business-nasdaq-cstr-1615655.htm http://www.marketwire.com/press-release/redbox-to-acquire-th...
- Karunamon 15y agoThanks, the article wasn't terribly clear on this either. I found it kind of odd that Redbox would aquire a POS solutions provider...
- 18pfsmt 15y agoMy understanding is that NCR provided a service to Blockbuster (which simply branded it, and provided the consumer relationship, aka took payments). DISH Network is now the owner of Blockbuster, and I don't think they are the only consume-facing operator of these kiosks.