Wincor Nixdorf

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Wincor Nixdorf AG
Type Aktiengesellschaft
Traded as FWBWIN
Industry Information technology
Founded 1999
Headquarters Paderborn, Germany
Key people Eckard Heidloff (President and CEO), Karl-Heinz Stiller (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]
Operating income €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]
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.

Contents

[edit] History

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]

[edit] Corporate relationships

[edit] IBM

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]

[edit] Unisys

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

[edit] Notes and references

[edit] External links


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