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Diebold’s Growth By Acquisition

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“This step further strengthens Diebold’s national presence in the electronic security arena,” Richard Baggot, vice president of Diebold’s electronic security and currency systems group, said in a statement.

Shortly after the AST buyout, Diebold acquired Antar-Com, an electronic systems integrator based in White Plains, N.Y. With 25 years of experience in the security and access control industry, Antar-Com provides security for ommercial, government and retail markets, employs about 100 people and generated $US27 million in revenue in 2003.

“This strategic acquisition allows us to broaden our product and service offerings,” Diebold President and COO Eric C. Evans, said in a statement. “The addition of Antar- Com will enhance Diebold’s proven hardware and software capabilities by providing total integrated security solutions for our customers.”

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Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

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