NCR Unit Gets Order From Brazilian Bank
DJ
ST. PAUL, Minn. —
NCR Corp. said its Conten Inc. unit received an order from Banco do Brasil for 18 Conten 3690 communications processors for use in the Brazilian bank’s new on-line banking network.
The order is valued at about $18 million, the company said.
The company said payment has been secured by a combination of cash repayment and a letter of credit.