Diebold company

Wired Magazine reported in 2007 that an editor using a Diebold IP address had removed negative information from the Diebold Wikipedia page, with the information later moved to a more appropriate location . [46] Diebold was increasingly focusing on technology related to mobile banking as of 2008, [47] incorporating mobile banking into many of its products. That year Diebold was selected to be the sole ATM provider at certain Beijing Olympics venues. [13] In March 2008, United Technologies Corporation (UTC), a large engineering and defense conglomerate, announced it had made a $ billion bid to buy Diebold, which was later rejected as too low. [11] In October 2008, UTC announced it was breaking off acquisition talks after Diebold rejected the offer. [48] The company had 17,000 workers worldwide by April 2009. [21] In 2009 Bank Technology News ranked Diebold as No. 1 on its FINTECH 100 list of ATM providers. [13]

Appropriately named because of its heavy weight and unique round shape, cannonball safes became a popular display item in banks in the mid to late 1800s. Weighing approximately 3,600 pounds with a beautifully rounded body, cannonball safes were almost impossible for robbers to steal. Banks proudly displayed their prized cannonball safes as a way of showing their depositors the money was safe. To make their safes robber proof the Diebold Company installed a triple time lock to the cannonball safe. This meant the safe could only be opened during the daytime, further foiling robbery attempts by kidnapping the banker at night and forcing him to open the safe.

Diebold company

diebold company


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