Consumer transaction technologies leader anchors effort to establish
the City of Atlanta, State of Georgia and University System of Georgia
as premier tech hub on the East Coast
ATLANTA--(BUSINESS WIRE)--Jul. 15, 2015--
NCR
Corporation (NYSE: NCR), the global leader in consumer transaction
technologies, announced today important milestones as the company makes
progress and remains on schedule with establishing a new world
headquarters campus in Midtown Atlanta, expected to open in late 2017 or
early 2018.
NCR, Invest Atlanta and Cousins Properties have now closed on the
incentive agreements, and Cousins on the acquisition of the land at
Centergy North at Technology Square on Spring Street. Additionally, NCR
and Cousins entered into a long-term, build-to-suit lease for the new
campus facility at the site in Midtown that will be owned and developed
by Cousins.
“I have stated very publicly that NCR’s bold, ambitious move to
establish a state-of-the-art world headquarters campus in Midtown is a
critical first step in a larger goal to create a ‘Silicon Valley of the
East’ right here in Atlanta,” said NCR Chairman and CEO Bill Nuti. “We
are currently, and will continue, advocating for other tech leaders and
innovative companies to follow our lead. NCR is committed to the City of
Atlanta, State of Georgia, and the University System of Georgia. NCR
will be a top employer and part of the fabric of this community for a
very long time.”
“Never has it been more apparent that the next generation of talent can
be found here in Atlanta,” said Mayor Kasim Reed. “NCR has recognized
the quality of the workforce here, and has made an investment which will
pay dividends for decades. We look forward to building the future of
technology with NCR.”
“We are excited about the opportunity to develop NCR’s new global
headquarters in Atlanta. This 485,000 square foot state-of-the art
trophy tower will be an iconic addition to the Midtown skyline,” said
Larry Gellerstedt, President and Chief Executive Officer of Cousins
Properties. “NCR’s commitment to locating their world headquarters in
Midtown further validates the strength of Atlanta’s technology corridor.
We are proud to have them as a customer and look forward to a strong
relationship for years to come.”
“As we continue to see progress on this project, I am reminded of all
that we have to look forward to as NCR gets one step closer to opening
its doors in our City,” said Craig Richard, President and CEO of Invest
Atlanta. “This company's relocation will not only have an impact on the
economic landscape, but will also generate even more positive change for
so many that already call Atlanta home.”
NCR’s world headquarters campus will be a truly inspiring working
environment that clearly reflects who the company is today, the leader
in consumer transaction technologies. It will provide a strong
foundation for advancing the company’s mission of leading how the world
connects, interacts and transacts with business.
As
previously announced, the new Midtown campus will provide NCR with a
state-of-the-art presence close to Atlanta’s rich innovation centers and
leading academic institutions. NCR also plans to maintain a second
campus in the northern suburbs with similar state-of-the-art technology
and amenities as the Midtown campus. A location for the campus in the
northern suburbs is expected to be finalized this summer and will open
on a timeframe similar to that of the Midtown campus.
Under the leadership of Bill Nuti, NCR has been reinvented into a
hardware-enabled, software-driven business. In the United States alone,
NCR’s consumer transaction technologies enable more than $10 billion in
transactions every day across financial services, retail, hospitality,
travel and small business.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into
exceptional experiences. With its software, hardware, and portfolio of
services, NCR enables more than 550 million transactions daily across
retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make
your life easier.
NCR is headquartered in Duluth, Georgia with over 30,000 employees and
does business in 180 countries. NCR is a trademark of NCR Corporation in
the United States and other countries.
Websites: www.ncr.com;
www.ncrsilver.com
Twitter:
@NCRCorporation
Facebook:
www.facebook.com/ncrcorp
LinkedIn:
www.linkedin.com/company/ncr-corporation
YouTube:
www.youtube.com/user/ncrcorporation
View source version on businesswire.com: http://www.businesswire.com/news/home/20150715006599/en/
Source: NCR Corporation
Media Contact
NCR Corporation
Kevin Ruane, 212-589-8553
kevin.ruane@ncr.com
or
Investor
Contact
NCR Corporation
Gavin Bell, 212-589-8468
gavin.bell@ncr.com