Tuesday, December 3, 2013
Digital Insight Acquired By NCR For $1.65 Billion
Digital Insight, the developer of online banking software which has major operations in Westlake Village, has just been sold to NCR, in the second sale of the company this year. NCR Corporation said it paid $1.65 billion for Digital Insight from Thoma Bravo, which just bought Digital Insight in July from Intuit for $1.025 billion. NCR said the buy will help it form a "complete enterprise software platform" for the banking industry. Digital Insight had been acquired by Intuit back in 2007.