Toshiba Plans To Buy IBM’s Point-of-Sale Terminal Business

Posted on Apr 17 2012 - 9:05am by Editorial Staff

Reuters reports that Toshiba is willing to buy IBM point-of-sale terminal business, which includes cash registers. With this, Toshiba aimed at expanding the global reach of Toshiba’s half-owned Toshiba Tec Corp, making it as the world’s largest vendor of POS systems and requirements. The deal if purchased would be of around $870 million.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.