15 December 2017
visit http://response.ncr.com

Diebold Nixdorf finalises JV with China's Inspur Group

11 November 2016  |  2416 views  |  0 Source: Diebold Nixdorf

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.  

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.atos.netvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10454 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9823 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9220 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7347 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6698 views comments | 19 tweets | 20 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job