Agreement re-establishes competitive presence in China with leading IT services provider
NORTH CANTON, Ohio and PADERBORN, Germany, 2016-Nov-14 — /EPR Retail News/ — Wincor Nixdorf AG today (Nov. 11, 2016) announced it recently finalized a previously announced joint venture agreement with the Aisino Corporation in China. This agreement allows the newly combined Diebold Nixdorf to develop, produce and market an extensive range of hardware, software and services for banks and retailers in China, in accordance with Chinese regulations.
Following closing of the transaction, Diebold Nixdorf will hold a 43.6 percent minority interest in the joint venture, first announced by Wincor Nixdorf on June 22, 2016.
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