M&A Deal Summary

Diebold Nixdorf Acquires Altus

On October 22, 2012, Diebold Nixdorf acquired information technology company Altus

Acquisition Highlights
  • This is Diebold Nixdorf’s 2nd transaction in the Information Technology sector.
  • This is Diebold Nixdorf’s 1st transaction in Turkey.

M&A Deal Summary

Date 2012-10-22
Target Altus
Sector Information Technology
Buyer(s) Diebold Nixdorf
Deal Type Add-on Acquisition

Target

Altus

Ankara, Turkey
Altus is an industry multivendor service provider. Altus provides information technology (IT) services to the financial sector through 32 service centers. Altus also provides services for computer-related peripherals, providing a wide breadth of expertise to support the Turkish market.

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Buyer(S) 1

Buyer

Diebold Nixdorf

North Canton, Ohio, United States

Category Company
Founded 1859
Sector Information Technology
Employees21,000
Revenue 3.5B USD (2022)
DESCRIPTION
Entrance to Diebold's corporate headquarters in North Canton, Ohio.
Entrance to Diebold's corporate headquarters in North Canton, Ohio.

Diebold Nixdorf is a leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. The Company has a presence in more than 130 countries with approximately 23,000 employees worldwide. Diebold Nixdorf was incorporated in 1859 and is based in North Canton, Ohio.


DEAL STATS #
Overall 4 of 7
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 4 of 7
Country (Turkey) 1 of 1
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-05 GAS Tecnologia

Brasilia, Brazil

GAS Tecnologia Ltda., provides internet banking, online payment and mobile banking security services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 ERAS

Miami, Florida, United States

ERAS is a provider of item and payment processing solutions for regional banks, community banks and credit unions.

Sell -