Diebold Nixdorf: Difference between revisions
m parens around stock symbol |
No edit summary |
||
| Line 1: | Line 1: | ||
[[Image:Diebold_logo.png|right]] |
[[Image:Diebold_logo.png|right]] |
||
[[Image:OldDieboldSafe2006-07.JPG|thumb|An old Diebold safe.]] |
[[Image:OldDieboldSafe2006-07.JPG|thumb|An old Diebold safe.]] |
||
'''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 [[Automatic Teller Machine|ATM]]s), 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 [[ |
'''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 [[Automatic Teller Machine|ATM]]s), 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 [[Green, Ohio]]. <ref>[http://www.diebold.com/aboutus/ataglance/default.htm Diebold]</ref> |
||
===InterBold=== |
===InterBold=== |
||
Revision as of 13:41, 31 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 Green, 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
The ethics of Diebold Election Systems executives and the reliability of the company's products have been the subject of repeated criticism.
Days after the 2004 Presidential election, Diebold agreed to pay $2.6 million to settle a lawsuit filed by the State of California alleging that they had sold shoddy voting equipment.[2]
In December 2005, Diebold's CEO Wally O'Dell resigned following reports that the company was facing securities fraud litigation surrounding charges of insider trading. [3] His replacement, Thomas Swidarski, was reported to have given the maximum allowable $2,000 contribution to George W. Bush's campaign [4]. This would have been a violation of a Diebold corporate policy disallowing involvement in political campaigns by senior executives that was 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.[5]
In March 2006, the California voting rights group Voter Action filed suit with a San Francisco Superior Court to nullify Secretary of State Bruce McPherson's conditional certification of Diebold Election System's AccuVote-TSx electronic voting system and ban the purchase or use of the system for the November statewide election.[6]
Also in March 2006, the Maryland House of Delegates voted 137-0 to approve a bill prohibiting election officials from using the AccuVote-TSx machines until they are altered to produce a verifiable paper record. [7]
In May 2006, a registered lobbyist for Diebold Election Systems contributed the individual maximum of $10,000 to the election campaign of Republican Ohio Secretary of State Kenneth Blackwell - whose office approved Diebold's selection as a vendor and negotiated the price of its machines for county election boards.[8] One month earlier, Blackwell claimed that his purchase of 178 shares of Diebold stock had been the result of an oversight by his financial manager.[9]
On August 23, 2006, election coordinator Lauri Wilson said that several Diebold touchscreen voting machines throughout the state of Alaska failed to upload votes to the Division of Elections' central computing system.[10]
It also has been demonstrated that the motherboard in TS machines contains two independent boot profiles and a switch for choosing between them. This would allow a tamperer to override any previously certified vote counting software in the machine and then switch back later without leaving any evidence trail. The president of the Open Voting Foundation - a California non-profit working to insure verifiable election results - commented, "If you have access to these machines and you want to rig an election, anything is possible with the Diebold TS — and it could be done without leaving a trace. All you need is a screwdriver."[11]
Competitors
Banking Hardware
See also
Notes and references
- ^ Diebold
- ^ Diebold to Settle E-Voting Suit
- ^ Diebold CEO resigns after reports of fraud litigation, internal woes John Byrne, December 12, 2005
- ^ Fundrace 2004 Neighbor Search
- ^ E-Voting:Is The Fix In?
- ^ Voter group sues to ban touch-screen system
- ^ Maryland House votes to oust Diebold machines
- ^ Diebold Lobbyist Donates $10,000 to Blackwell Campaign
- ^ Blackwell reports embarrassing buy of Diebold stock
- ^ Problems with touchscreen machines slow vote count
- ^ Worst Ever Security Flaw Found in Diebold TS Voting Machine