Wincor Nixdorf

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Wincor Nixdorf AG
Aktiengesellschaft
Traded as FWBWIN
Industry Information technology
Founded 1952
Headquarters Paderborn, Germany
Key people
Eckard Heidloff (President and CEO), Alexander Dibelius (Chairman of the supervisory board)
Products Computer hardware, software, IT services and consulting for bank branches and retail stores; including ATMs and electronic point of sale systems
Revenue €2.328 billion (2010/2011)[1]
€162 million (2010/2011)[1]
Profit €107 million (2010/2011)[1]
Total assets €1.307 billion (September 2011)[1]
Total equity €330 million (September 2011)[1]
Number of employees
9,170 (September 2011)[1]
Website www.wincor-nixdorf.com

Wincor Nixdorf is a German corporation that provides retail and retail banking hardware, software, and services. Wincor Nixdorf is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), retail banking equipment, lottery terminals, postal terminals, software and services for global financial and commercial markets.

History[edit]

Founded by Heinz Nixdorf, Nixdorf Computer AG was formed in 1952. In 1990 the company was purchased by Siemens AG and renamed Siemens Nixdorf Informationssysteme. The company was re-focused exclusively on its current product set in 1998 and renamed Siemens Nixdorf Retail and Banking Systems GmbH. Following a buyout by Kohlberg Kravis Roberts and Goldman Sachs Capital Partners on October 1, 1999, the company was renamed Wincor Nixdorf. The company was taken public May 19, 2004 with a successful IPO. On November 8, 2006, Chief Executive Officer Karl-Heinz Stiller announced his resignation from the Board of Directors. Eckard Heidloff was elected as his replacement[2]

Corporate relationships[edit]

IBM[edit]

Following the end of the InterBold partnership in 1997, IBM eventually entered into a re-distribution arrangement with Wincor Nixdorf. IBM sells and services Wincor Nixdorf machinery in several countries in the Americas.[3]

Unisys[edit]

Unisys also has a relationship with Wincor Nixdorf in some Latin American countries such as Brazil.[citation needed]

Notes and references[edit]

  1. ^ a b c d e f "Annual Results 2010/2011". Wincor Nixdorf. Retrieved November 19, 2011. 
  2. ^ BREAKING: Stiller steps down, Heidloff named Wincor's new CEO atmmarketplace.com Nov 8, 2006.
  3. ^ Wincor Nixdorf Germany

External links[edit]