NORTH CANTON, Ohio (3/17/15)--Diebold Inc., a CUNA Strategic Services strategic alliance provider, has acquired Canada-based ATM software developer Phoenix Interactive Design Inc.
Phoenix creates enterprise-wide software that automates and migrates financial services across channels.
"Diebold's acquisition of Phoenix is an important milestone in our drive to transform to a services-led, software-enabled company," said Andy W. Mattes, Diebold president/CEO. "There are many synergies between our companies. We will integrate the talent of the Phoenix team and take advantage of our reach to expand the Phoenix solution in more global markets. Acquiring Phoenix is a key foundational move to accelerate our growth in the fast-growing managed services and branch automation spaces."
The software offered by Phoenix will complement Diebold's existing services and security expertise, Mattes said. Phoenix delivers self-service software that can be integrated throughout a financial institution's entire banking ecosystem--regardless of the vendor hardware environment.