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Wincor Nixdorf

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Wincor Nixdorf
Type Aktiengesellschaft (Xetra: WIN)
Founded 1952 in Paderborn, Germany (as Nixdorf Computer AG), 1999 as Wincor Nixdorf
Headquarters Paderborn, Germany
Key people Eckard Heidloff,
President & CEO
Industry Computer hardware
Computer software
Consulting
IT Services
Products See complete products listing
Revenue Total turnover FY 04/2005: 1.74 billion [1]
Employees over 9500
Website www.wincor-nixdorf.com

Wincor Nixdorf (FWB: WIN) is a German corporation that provides retail and retail banking hardware, software, and services. Wincor Nixdorf is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), retail banking equipment, lottery terminals, software and services for global financial and commercial markets.

Contents

[edit] History

Founded by Heinz Nixdorf, Nixdorf Computer AG was formed in 1952. In 1990 the company was purchased by Siemens AG and renamed Siemens Nixdorf Informationssysteme. The company was re-focused exclusively on its current product set in 1998 and renamed Siemens Nixdorf Retail and Banking Systems GmbH. Following a buyout by Kohlberg Kravis Roberts and Goldman Sachs Capital Partners on October 1, 1999, the company was renamed Wincor Nixdorf. The company was taken public May 19, 2004 with a successful IPO.[2] On November 8, 2006, Chief Executive Officer Karl-Heinz Stiller announced his resignation from the Board of Directors. Eckard Heidloff was elected as his replacement[1]

[edit] Corporate Relationships

[edit] IBM

Following the end of the InterBold partnership in 1997, IBM eventually entered into a re-distribution arrangement with Wincor Nixdorf. IBM sells and services Wincor Nixdorf machinery in several countries in the Americas.[2]

[edit] Unisys

Unisys also has a relationship with Wincor Nixdorf in some Latin American countries such as Brazil.[citation needed]

[edit] Notes and references

[edit] External links

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