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DIEBOLD
IS EXTENDING ITS GLOBAL REACH via strategic
acquisitions that allow the Company access to more customers in
more geographic areas. Acquisitions also give Diebold new and different
self-service technologies that can then be offered to customers
in other markets.
>
In a strategic move to enhance worldwide market coverage, Diebold
announced an agreement early in 2000 to acquire the international
financial self-service assets of Getronics NV and Groupe Bull. >
Acquisitions in Latin America in 1999 made Diebold the clear self-service
leader there, adding to its already strong presence in Mexico, Argentina
and Venezuela. The latest acquisitions include Brazil-based Procomp,
Colombia-based Richardson & Cia Ltd. and the ATM service business
of Colombia-based Comware S.A. Procomp manufactures and markets
self-service solutions for banking, retail and election automation.
Richardson & Cia was renamed Diebold Colombia, S.A., and handles
sales and service in Colombia. These build on Diebold's earlier
purchases of what are now Diebold Argentina and Diebold DPB S.A.
> The purchase of U.S.-based Nexus Software, Inc. helped
round out Diebold's global solutions lineup with support for retail
bank branch operations moving to new, more capable Windows NT operating
systems.
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