Wincor Nixdorf

Wincor Nixdorf AG

Company type	Aktiengesellschaft
Industry	Information technology
Founded	1952
Fate	Merged on 15 August 2016 to form Diebold Nixdorf.
Successor	Diebold Nixdorf
Headquarters	Paderborn, Ostwestfalen-Lippe, Germany
Key people	Eckard Heidloff (President and CEO), Alexander Dibelius (Chairman of the supervisory board)
Products	Computer hardware, software, IT services and consulting for bank branches and retail stores; including ATMs and electronic point of sale systems
Revenue	€2.427 billion (2014/2015)[1]
Operating income	€21.851 million (2014/2015)[1]
Net income	€7.772 million (2014/2015)[1]
Total assets	€1.507 billion (September 2015)[2]
Total equity	€391.440 million (September 2015)[2]
Number of employees	9,100 (September 2015)[3]
Website	www.wincor-nixdorf.com

Wincor Nixdorf was a German corporation that provided retail and retail banking hardware, software, and services. Wincor Nixdorf was 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.

Following Wincor Nixdorf's IPO in May 2004, KKR and Goldman Sachs sold all of their shares. In total, KKR received over €685 million, broken down into €160 million in dividends in 2004, €225 million (two-thirds of stock market proceeds) in 2005, and €300 million in sales proceeds, also in 2005. During the five years that the Company was owned by KKR and Goldman Sachs, the number of employees at Wincor Nixdorf increased from 3,400 to 6,300.^[4]

In October 2015, Wincor Nixdorf’s cashless Payments unit was carved out of the group and started trading independently under the name of AEVI. On August 15, 2016, through the merger of Wincor Nixdorf and Diebold Inc., Diebold Nixdorf was formed as the succeeding international technology and services company.