Editing NCR Voyix (section)

===AT&T===

==== Acquisition by AT&T ====
NCR was acquired by [[AT&T Corporation]] on September 19, 1991, for $7.4 billion and was joined with [[Teradata|Teradata Corporation]] on February 28, 1992. As an AT&T subsidiary, its 1992 year-end headcount was 53,800 employees and contractors.<ref name="InfoStatement96">{{cite book |title= Information Statement |date= November 25, 1996 |publisher= AT&T}}</ref> By 1993, the subsidiary produced a year-end $1.287 billion [[net loss]] on $7.265 billion in revenue. The net losses continued in 1994 and 1995, losses that required repeated subsidies from the parent company and resulted in a 1995 year-end headcount of 41,100.<ref name="InfoStatement96" /> During these three years, AT&T was the former NCR's largest customer, accounting for over $1.5 billion in revenue.<ref name="InfoStatement96" />

On February 15, 1995, the company sold its microelectronics division and storage systems division to Hyundai Electronics (now [[SK Hynix]]) who renamed it [[Symbios Logic]]. At the time it was the largest purchase of an American company by a Korean company.

For a while, starting in 1994, the subsidiary was renamed '''AT&T Global Information Solutions''', but in 1995, AT&T decided to spin off the company, and at the start of 1996, changed its name back to NCR in preparation for the [[Corporate spin-off|spin-off]]. The company outlined its reasons for the spin-off in an Information Statement sent to its stockholders, which cited, in addition to "changes in customer needs" and "need for focused management time and attention", the following:
:...[A]dvantages of [[vertical integration]] [which had motivated ATT's earlier acquisition of NCR] are outweighed by its costs and disadvantages....[T]o varying degrees, many of the actual and potential customers of Lucent and NCR are or will be competitors of AT&T's communications services businesses. NCR believes that its efforts to target the communications industry have been hindered by the reluctance of AT&T's communications services competitors to make purchases from an AT&T subsidiary.

The newly renamed NCR commissioned the renowned graphic designer [[Saul Bass]] to design its new logo and [[corporate identity]] as one of his final projects before his death in April 1996, and subsequently re-emerged as a stand-alone company on January 1, 1997.

==== Teradata merger and spin-off ====
NCR had partnered with [[Teradata]] in 1990. After AT&T acquired NCR, it also acquired Teradata<ref>{{Cite web |last=Moffat |first=Susan |date=1991-12-03 |title=AT&T; Buying Teradata to Tap Into Database Computer Arena : Technology: The $520-million stock swap will allow the firm to take on IBM. |url=https://www.latimes.com/archives/la-xpm-1991-12-03-fi-707-story.html |access-date=2025-01-15 |website=Los Angeles Times |language=en-US}}</ref> and made into a unit of NCR.<ref>{{Cite web |title=10-K |url=https://www.sec.gov/Archives/edgar/data/816761/000119312513082775/d463404d10k.htm |url-status=live |archive-url=https://web.archive.org/web/20160416202746/https://www.sec.gov/Archives/edgar/data/816761/000119312513082775/d463404d10k.htm |archive-date=2016-04-16 |access-date=2019-04-11 |website=www.sec.gov}}</ref> Mark Hurd took over the company's Teradata division in 1999 and is credited with expanding NCR's Teradata business.<ref>{{Cite web |date=20 February 2003 |title=NCR's CEO Resigns |url=https://www.crn.com/news/channel-programs/18822836/ncrs-ceo-resigns.htm |url-status=live |archive-url=https://web.archive.org/web/20190411183607/https://www.crn.com/news/channel-programs/18822836/ncrs-ceo-resigns.htm |archive-date=2019-04-11 |access-date=2019-04-11 |website=CRN}}</ref> Hurd streamlined operations and invested in research. The Teradata division at NCR became profitable in 2002.<ref>{{Cite web |last=Schonfeld |first=Erick |date=2004-04-01 |title=The Wizard of POS |url=https://money.cnn.com/magazines/business2/business2_archive/2004/04/01/366212/index.htm |archive-url=https://web.archive.org/web/20060517041753/https://money.cnn.com/magazines/business2/business2_archive/2004/04/01/366212/index.htm |archive-date=2006-05-17 |access-date=2019-04-11 |website=CNN}}</ref>  In 2007, NCR split Teradata into its own company.<ref name=":0" />