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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, postal terminals, software and services for global financial and commercial markets.

Contents

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]

Corporate Relationships

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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]

Unisys

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

Notes and references

External links


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