D3 Technology, an Omaha company that specializes in digital banking software, has been acquired by Atlanta-based NCR Corp., a technology firm that does business in 180 countries.
Adding D3 immediately expands NCR digital banking into new market segments, including U.S. large banks and, over time, international banks, the companies said Tuesday in a joint release.
“D3 has a well-earned reputation for innovation and product excellence and delivers one of the most advanced digital platforms for large banks,” said Michael Hayford, NCR president and CEO.
Mark Vipond, CEO for D3, said the timing is right for the companies to combine forces. “This transaction enables us to capitalize on new market opportunities and bring top-tier capabilities to our mutual and future clients.”
D3, formerly known as Lodo Software, has about 120 employees. NCR said that it did not anticipate changes to the Omaha workforce and that there are no plans to consolidate locations.
The D3 corporate headquarters is at 11837 Miracle Hills Drive in Omaha, and it has a software development office in the Denver metropolitan area. Financial terms of the transaction were not disclosed.