NCR revealed in SEC filings that Teradata, a software division that the company intends to spin off, is being investigated by the US Justice Department over certain federal government contracts. The investigation is related to a civil False Claims Act against several technology companies, including NCR. The complaints are under seal, according to the company.
NCR said the DOJ investigation is “regarding the propriety” of Teradata’s “arrangements or understandings with others in connection with certain federal contracts.”
NCR plans to spin off Teradata into a separate company later this year.
An article on the investigation appeared in the August 9, 2007 issue of the Dayton Business Journal.