February 9, 2004
OMAHA, Neb. - ACI Worldwide (Nasdaq: TSAI) and Wincor Nixdorf say they have formed a strategic partnership to achieve interoperability of respective products and to benefit from each other's experience in the development and marketing of ATM and self-service solutions.
ACI and Wincor Nixdorf will now work together in strategic, technical and sales areas to support new functionalities for each other's products, according to a news release.
Industry developments such as EMV and IFX will require new methods of support within both partners' respective products. ACI and Wincor Nixdorf recognized the need for cooperation and are currently working to ensure smooth interoperability as they develop EMV and IFX solutions for major financial institutions, according to the release.
"With this agreement between the two companies, we have laid the cornerstone to be even more successful in customer projects," said Reinhard Rabenstein, Wincor Nixdorf vice president. "The object of this business relationship is to make joint efforts to intensify standardization activities for self-service devices and to generate synergies from information exchange, development and mutual projects."
"Our strategic relationship with Wincor Nixdorf will allow us to synchronize our efforts around market-based initiatives like EMV and IFX, ensuring that our joint customers get the very best in features and end-to-end capabilities," said Jeff Hale, ACI's chief marketing officer.
In January of 2003, the two companies said they were working together on an IFX-related common customer project. (See related story ACI, Wincor step up efforts to drive adoption of IFX)