NORTH CANTON, Ohio and
PADERBORN, Germany, Nov. 11, 2016 /PRNewswire/ -- Diebold,
Incorporated today announced it has finalized its previously
announced joint venture agreement with the Inspur Group. This
agreement allows the newly combined Diebold Nixdorf to better
provide a complete range of self-service solutions within the
China market, including automated
teller machines (ATMs), non-cash terminals and kiosks, in
accordance with Chinese regulations. Also, Diebold Nixdorf will
serve as the exclusive distributor outside of China for all products developed by the new
joint venture, which will be sold under the Diebold Nixdorf
brand.
Following closing of the transaction, Diebold Nixdorf will hold
a 40 percent minority interest in the joint venture, initially
announced by Diebold, Incorporated on Dec.
18, 2015.
About Diebold Nixdorf
Diebold Nixdorf is a world
leader in enabling connected commerce for millions of consumers
each day across the financial and retail industries. Its
software-defined solutions bridge the physical and digital worlds
of cash and consumer transactions conveniently, securely and
efficiently. As an innovation partner for nearly all of the world's
top 100 financial institutions and a majority of the top 25 global
retailers, Diebold Nixdorf delivers unparalleled services and
technology that are essential to evolve in an 'always on' and
changing consumer landscape.
Diebold Nixdorf has a presence in more than 130 countries with
approximately 25,000 employees worldwide. The organization
maintains corporate offices in North
Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under
the symbol 'DBD'. Visit www.DieboldNixdorf.com for more
information.
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SOURCE Diebold Nixdorf