uGenius Gets Investment From NCR
Sandy, Utah-based uGenius, the developer of video-based ATM machines, has scored a strategic investment from NCR Corporation, NCR said this morning. Size of the investment was not disclosed. NCR said it has taken a minority stake in uGenius, who it has been working together to develop an ATM which allows customers to talk with a live, remote teller. NCR is a major provider of point of sale and automatic teller machines. NCR said its is using uGenius' technology in its APTRA Interactive Teller product. A regulatory filing indicates the round was worth $1.5M.
posted on Tuesday, January 31, 2012 (Link to more information)
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uGenius Technology, LLC
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