Diebold
-is a United States-based security systems corporation that is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), electronic and physical security products (including vaults and currency processing systems), and software and integrated systems for global financial and commercial markets.
Founder(s): Charles Diebold
Diebold History
Founded in 1859 in Cincinnati, Ohio,it first began manufacturing safes and vaults for banks. In 1872 it moved its operations to Canton, Ohio. In 1936 it expanded its product lines by acquiring companies that specialize in products such as rotary and visible files, and index and microfilming systems. It also began developing armor plate for military tanks that year. In 1943 DieboldSafe & Lock Company changes name to Diebold, Incorporated. In 1965 it began offering pneumatic tube delivery systems to banks, hospitals, post offices, libraries, office buildings and many other industrial facilities. In 1970 it began offering Computer-controlled security and surveillance systems. Beginning in the 1970s it introduced various Automated Teller Machine products. In 2002 Diebold entered the United States elections industry through the acquisition of Global Election Systems, a leader in touch-screen voting technology.
Products: Electronic and physical security, ATMs, vaults/safes, drive-up banking equipment
NYSE Ticker: DBD
Diebold Trivia
- They along with IBM created a general partnership called InterBold in 1991. The purpose of InterBold was to have IBM sell and service their ATMs outside of the United States. In exchange, IBM ceased marketing its own ATMs in the US. The InterBold partnership was dissolved in 1997 when Dieboldpurchased IBM’s share of the partnership
- In August 2003, Walden O’Dell, then the chief executive, announced that he had been a top fund-raiser for President George W. Bush and had sent a get-out-the-funds letter to 100 wealthy and politically inclined friends in the Republican Party, to be held at his home in a suburb of Columbus, Ohio.
- In August 2007,Wikipedia Scanner found that edits via the company’s IP addresses occurred to Diebold’s Wikipedia article, removing criticisms of the company’s products, references to its CEO’s fund-raising for President Bush and other negative criticism from the Wikipedia page about the company in November 2005.
- In 2004 more than 80% of the American votes was counted by three private corporations including Diebold, ES&S and Sequoia. They refused to open their software for inspection or to submit to audit procedures.
