23 October 2017
visit www.avoka.com

Diebold acquires ATM distributor in Taiwan; wins National City ATM order

07 January 2004  |  3442 views  |  0 atm cash_machine_1

ATM manufacturer Diebold has acquired Licent Information Technology (LIT), its sales and service distributor in Taiwan. Financial terms of the deal were not disclosed.

Taipei-based Licent Information Technology has been providing local services to Diebold clients since 1999.

Under the deal, Licent's president and managing director Martin Huang will join Diebold as the managing director for Taiwan, responsible for the combined Taiwan operations.

James Chen, Diebold's vice president and managing director for Asia Pacific, says: "This acquisition expands our current service organisation in Taiwan and offers a unique opportunity for growth. We are now able to have a single presence, strategy and offering for our customers."

Once the transaction is completed, Diebold will employ more than 60 staff in the region at its service centres in Taipei, Taichung and Tainan and depot repair centre in Taichung.

Separately, US-based National City Corporation has contracted with Diebold for the supply of 1000 Opteva ATM units.

The purchase is part of National City's $30 million programme to replace or upgrade all of its exisiting 1580 ATMs over the next 30 months. Any machines that are not replaced with the Opteva units will be upgraded using Diebold's advanced function ix Series technology.

The machines will be equipped with new security features including a fraud-resistant dispenser and card reader, as well as a Triple DES-compliant encrypted PIN-pad.

A choice of English or Spanish text will also be available on all ATMs and the machines will also be voice-enabled.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Diebold takes virus protection measures after worm spreads to cash machines

Diebold takes virus protection measures after worm spreads to cash machines

12 December 2003  |  6049 views  |  0 comments
Diebold establishes operations in Peru

Diebold establishes operations in Peru

03 December 2003  |  3688 views  |  0 comments
ICBC to install 1000 Diebold ATMs

ICBC to install 1000 Diebold ATMs

21 November 2003  |  4551 views  |  0 comments
Iberiabank signs for Diebold's Opteva ATMs and Agilis software

Iberiabank signs for Diebold's Opteva ATMs and Agilis software

19 November 2003  |  3958 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comRegister nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19385 views comments | 28 tweets | 42 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15171 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10983 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9030 views comments | 14 tweets | 28 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job