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University buys NCR property

Mon, 12/21/2009 - 6:00am
The Associated Press

The University of Dayton says it has bought 115 acres and the NCR Corp.'s headquarters building from the company for $18 million.

The school plans to move its research institute into the five-story building, and will also use it for an alumni center, graduate classes, executive development programs and conferences.

The school said NCR will lease the building through part of 2010 and will continue to operate a data center near the building.

NCR, the world's leading provider of ATMs, announced in June that it is moving its corporate headquarters to Duluth, Georgia.

The school says moving the research institute will give more space on the university's core campus for its growing School of Engineering.

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Information from: Dayton Daily News, http://www.daytondailynews.com

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