IBM, Diebold to Combine ATM Operations: IBM...
From Times Staff and Wire Reports
IBM, Diebold to Combine ATM Operations: IBM and Diebold Inc. said they will combine their automated teller machine operations and market the products worldwide under a joint venture. Under the agreement, the joint venture company and Canton, Ohio-based Diebold will market the combined ATM product lines of the two companies in the United States, with assistance from IBM, which is based in Armonk, N.Y. IBM will market the lines abroad. No dollar value was placed on the deal. The venture will develop automated teller machines and other self-service equipment, the companies said in a joint statement.
