Diebold Nixdorf Inc


DBD

Price

2.41


Change

-0.08


High

2.51


Low

2.36


Avg Volume

1,991,289


PE Ratio

-0.75


52 Week High

13.48


52 Week Low

2.19



Profile

Diebold Nixdorf is an American multinational financial and retail technology company that specializes in the sale, manufacture, installation and service of self-service transaction systems , point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets. Currently Diebold Nixdorf is headquartered in the Akron-Canton area with a presence in around 130 countries, and the company employs approximately 23,000 people. Founded in 1859 in Cincinnati, Ohio as the Diebold Bahmann Safe Company, the company eventually changed its name to Diebold Safe & Lock Company. In 1921, Diebold Safe & Lock Company sold the world's largest commercial bank vault to Detroit National Bank. Diebold has since branched into diverse markets, and is currently the largest provider of ATMs in the United States. Diebold Nixdorf was founded when Diebold Inc. acquired Germany's Wincor Nixdorf in 2016. It is estimated that Wincor Nixdorf controls about 35 percent of the global ATM market. Diebold was founded in 1859 in Cincinnati, Ohio as the Diebold Bahmann Safe Company. Under the leadership of founder Charles Diebold, a German immigrant, the company's 250 initial employees began manufacturing safes and bank vaults out of a factory in Canton, Ohio. Diebold states that 878 of its safes protected some of the only undamaged property in the Great Chicago Fire of 1871, and the following year Diebold moved its operations and headquarters to Canton to meet increased demand. In 1874, Diebold was contracted to build the world's largest safe, to be installed in the San Francisco branch of Wells Fargo. In 1876, after becoming incorporated in Ohio, the company changed its name to Diebold Safe & Lock Company. Diebold secured its first international sale in 1881, when it built a safe for the President of Mexico. Diebold debuted manganese steel doors marketed as TNT-proof in 1890, and in 1921, Diebold sold the world's largest commercial bank vault to Detroit National Bank. Diebold became a publicly traded company in the 1930s. Also around that time, Diebold introduced a "robbery-deterrent system for banks that flooded the bank lobby with tear gas" to help deal with robbers such as the infamous John Dillinger.


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