The ATM manufacturers have revealed the terms of their combined business agreement — and the new identity the company will take on when the deal is finalized.
After months of rumor, speculation and innuendo from "people close to the story," Bill Nuti, the NCR executive at the middle of it, finally has something to say.
America's largest ATM-makers held earning calls last week and got through them with barely a word about the biggest industry news in years — the Diebold-Wincor deal.
On Monday, Diebold started a fracas by announcing patent infringement actions against Nautilus Hyosung. By Tuesday, it was clear that Hyosung was ready to fight toe-to-toe with its US market rival.
The proposed purchase of Wincor Nixdorf by Diebold might look good to stockholders. But is it good for the industry? Here's how another ATM-maker sees it.
Proposed terms of a deal under consideration call for Diebold Inc. to buy all issued and outstanding shares of Wincor Nixcorf AG.
Traditional and digital banking customers want different things from a branch; a VTM allows an FI to serve both in a single, cost-effective environment.
In turnaround terms, Diebold has spent the last two years crawling. Now the company is ready to walk and, eventually, run.
With the launch of what they believe to be the nation's first cash recycler in New York City, Elan and Hyosung say the US market is warming up at last to the cost-saving device.
Amid stories about failed security, obsolete applications and legacy systems, there's evidence that vendors are lacing up their shoes to keep the industry ahead.