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Slide #66. Diebold, Incorporated — GAS Tecnologia
Acquirer:
Diebold, Incorporated (NYSE:DBD)
Acquiree:
GAS Tecnologia
Details:
Diebold, Incorporated announced that it is expanding its security expertise through the acquisition of GAS Tecnologia (GAS). Headquartered in Brasilia, Brazil, GAS is a leading Internet banking, online payment and mobile banking security company. It serves many of the country's leading financial institutions and protects nearly 70 percent of Internet banking transactions in Brazil. With a presence in other state capital cities in Brazil, GAS employs more than 125 experts in the cyber security field. Financial terms of the acquisition are not being immediately disclosed.
Diebold Nixdorf is engaged in enabling Connected Commerce. Co. automates, digitizes and transforms the way people bank and shop. Co.'s integrated solutions connect digital and physical channels for consumers. Co.'s operating structure is focused on its two customer segments consisting of Banking and Retail. The products for banking customers consist of cash recyclers and dispensers, deposit terminals, teller automation and kiosk technologies, as well as physical security solutions. The retail product portfolio includes modular, integrated and mobile point of sale and self-checkout terminals that meet automation and omnichannel requirements of consumers.
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