Diebold Nixdorf: Difference between revisions
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==See also== |
==See also== |
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*[[Diebold_10xx|Diebold |
*[[Diebold_10xx|Diebold i-Series ATMs]] |
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*[[Diebold_Opteva|Diebold Opteva ATMs]] |
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==Notes and references== |
==Notes and references== |
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Revision as of 14:16, 1 August 2006
Diebold, Incorporated NYSE: DBD is a security systems corporation which is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), electronic and physical security products (including vaults and currency processing systems), and software and integrated systems for global financial and commercial markets. Diebold was incorporated under the laws of the State of Ohio in August 1876, and is headquartered in North Canton, Ohio. [1]
InterBold
Diebold and IBM created a general partnership called InterBold in 1991. The purpose of InterBold was to have IBM sell and service Diebold's ATMs outside of the United States. In exchange, IBM ceased marketing its own ATMs in the US. The InterBold partnership was dissolved in 1997 when Diebold purchased IBM's share of the partnership. IBM eventually entered into a re-distribution arrangement with a German competitor of Diebold, Wincor Nixdorf.
Diebold Election Systems
Diebold Election Systems, a subsidiary of Diebold that accounts for 2.4% of its gross revenue, has entered the business of creating electronic voting terminals and solutions for government entities. Diebold entered this industry in 2001 by purchasing the assets of Global Election Systems which had been selling election equipment since 1991.
Controversy
A great deal of controversy involving Diebold surrounds the questions of Diebold Election Systems' competence and ethics.
In December 2005, Diebold's CEO Wally O'Dell left the company following reports that the company was facing securities fraud litigation surrounding charges of insider trading. [2] His replacement, Thomas Swidarski, was reported to have given the maximum allowable $2000 contribution to George W. Bush's campaign [3] despite Diebold having instituted a corporate policy disallowing involvement in political campaigns by senior executives, instituted after O'Dell had written, "I am committed to helping Ohio deliver its electoral votes to the president next year," in a fund-raising letter to Republicans dated August 13, 2003.
Competitors
Banking Hardware
See also
Notes and references
- ^ Diebold
- ^ Diebold CEO resigns after reports of fraud litigation, internal woes John Byrne, December 12, 2005
- ^ Fundrace 2004 Neighbor Search