NCR Commences Tender Offer for All Outstanding Shares of Radiant Systems for $28 per Share

NCR Corporation NCR today announced that its wholly-owned subsidiary, Ranger Acquisition Corporation, has commenced the previously-announced tender offer to acquire all of the outstanding shares of common stock of Radiant Systems, Inc. RADS for $28.00 per share, net to the seller in cash, without interest and less applicable withholding taxes. The tender offer is being made in connection with the previously-announced merger agreement, dated July 11, 2011, by and among NCR, Ranger Acquisition Corporation and Radiant. The boards of directors of NCR and Radiant each approved the terms of the merger agreement. The board of directors of Radiant recommends that Radiant shareholders tender their shares in the tender offer.