Tag: IBM’s Retail Store Solutions

Toshiba Tec and IBM Announce Initial Closing of Acquisition of IBM’s Retail Store Solutions Business and Formation of Toshiba Global Commerce Solutions

TOKYO and ARMONK, N.Y., Aug. 1, 2012 : Toshiba Tec Corporation (TSE: 6588) and IBM (NYSE: IBM) today announced the initial closing of the transaction in which Toshiba Tec will acquire IBM’s Retail Store Solutions (RSS) business. The agreement was announced on April 17, 2012. Toshiba Tec has established Toshiba Global Commerce Solutions Holdings Corporation,…