Toshiba to buy IBM's retail Point-of-Sale business for US$850 million

A Toshiba subsdiary said the deal will close in the next few months, and IBM will continue to provide IT platform support

Toshiba said Tuesday it will purchase IBM's retail point-of-sale (POS) business for US$850 million, with the Japanese company taking over the hardware business while IBM shifts its focus to back-end software solutions.

Toshiba Tec, a subsidiary of the Japanese conglomerate that sells POS products such as cash registers and printers, said the deal is expected to close by early in the third quarter. IBM said the Japanese firm will sign a multi-year deal to become a partner in offering IBM's expanding "Smarter Commerce" platform, which aims to provide customers with a similar experience when shopping online and in-store.

The deal reflects the diverging philosophies of firms like IBM, which are focusing on software platforms and consulting services, and giant Japanese conglomerates like Toshiba that traditionally emphasize hardware and manufactured goods.

IBM is pushing its retail back-end platform, a set of tools for analyzing customer and operations data, and has in recent months announced deals that bolster its offerings in the area. The company said in February it completed its acquisitions of Emptoris, which provides software and services to aid supply chain management, and DemandTec, a maker of cloud-based analytical software for retailers.

In contrast, Toshiba Tec emphasizes "monozukuri," a Japanese concept that focuses on quality manufacturing of physical products, in its website and marketing materials. The company said the acquisition would expand its distribution and sales network while giving it a broader product line.

The companies said the deal still has to clear regulatory requirements and come to final closing terms. IBM will continue to provide support to its existing clients after it has been completed.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jay Alabaster

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?