M&A Deal Summary

Wincor Nixdorf AG Acquires DATEC Retail Systems a.s.

On January 7, 2014, Wincor Nixdorf AG acquired information technology company DATEC Retail Systems a.s.

Acquisition Highlights
  • This is Wincor Nixdorf AG’s 3rd transaction in the Information Technology sector.
  • This is Wincor Nixdorf AG’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2014-01-07
Target DATEC Retail Systems a.s.
Sector Information Technology
Buyer(s) Wincor Nixdorf AG
Deal Type Add-on Acquisition

Target

DATEC Retail Systems a.s.

Zlín, Czech Republic
DATEC specializes primarily in data integration as part of omni-channel and merchandise management processes and has its own software, which makes sales advice and payment and merchandise management functions available on mobile devices such as tablets.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Wincor Nixdorf AG

Paderborn, Germany

Category Company
Founded 1999
Sector Information Technology
Employees9,000
DESCRIPTION

Wincor Nixdorf is a provider of IT solutions and services to retail banks and the retail industry. The main focus of the group's comprehensive portfolio lies on business process optimization, especially in the branch operations of both sectors. The company also places great importance on building close relationships with sales partners that have an excellent knowledge of the local requirements and conditions on the customer side.


DEAL STATS #
Overall 4 of 5
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Czech Republic M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-06 Dynasty Technology Group SA

Madrid, Spain

Dynasty Technology Group specializes in software and associated professional services such as IT integration and adaptation for retail banks, particularly in the burgeoning markets of Latin America and Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-14 Projective

Diegem, Belgium

Projective is a consulting firm that provides vendor selection and project management services to financial services industry.

Buy -