US ATM manufacturer NCR Corporation has signed an agreement to acquire Texas-based Tidel Technologies' cash machine business.
The deal is expected to close in the fourth quarter of 2005, after Tidel has filed its audited financial reports necessary for a shareholder vote.
Tidel also says it has retained the investment banking firm Stifel, Nicolaus & Company to sell its remaining timed-access cash controller business, as required by a financing agreement with its lender.