The story
Founded by Heinz Nixdorf, Nixdorf Computer was formed in 1952. In 1990, the company was purchased by Siemens AG and renamed Siemens Nixdorf Informationssysteme. The company was re-focused exclusively on its current product, set in 1998, and renamed Siemens Nixdorf Retail and Banking Systems GmbH. Following a buyout by Kohlberg Kravis Roberts and Goldman Sachs Alternatives on October 1, 1999, the company was renamed Wincor Nixdorf. The company was taken public May 19, 2004, with a successful IPO. On November 8, 2006, Chief Executive Officer Karl-Heinz Stiller announced his resignation from the Board of Directors. Eckard Heidloff was elected as his replacement.
From Wikipedia’s article on Wincor Nixdorf, shared under CC BY-SA 4.0.5