Media and entertainment kiosk-distributor NCR has acquired fellow kiosk-maker TNR Holdings Corp. Financial terms were not disclosed, but the acquisition gives NCR a bigger footprint (both in terms of actual units and potential locations) for its deal to roll out DVD-rental kiosks with *Blockbuster* in North America.
Blockbuster (NYSE: BBI) partnered with NCR last August; the companies plan to deploy about 10,000 "Blockbuster Express" kiosks by early 2010.
Texas-based TNR operates DVD rental kiosks in grocery stores under the MovieCube and The New Release brands. NCR took a stake in the company last summer, and has acquired its remaining equity and debt for "cash considerations." Release.
Photo Credit: tomhammond
By Tameka Kee