Convergint Technologies announces the acquisition of Diebold Nixdorf’s (NYSE: DBD) Asia Pacific Electronic Security Business. Terms of the transaction were not disclosed.
“Our new colleagues in APAC will help us support both local and multinational customers, in alignment with our culture and values,” says Ken Lochiatto, CEO of Convergint Technologies. “Together we can provide even stronger service across this key international market, enabling Convergint’s goal of being our customers’ best service provider.”
Diebold Nixdorf’s Asia Pacific Electronic Security Business provides comprehensive security solutions for financial, retail, and other verticals across the APAC region, according to an announcement.
The company’s service offerings include security system design, integration, installation, maintenance, embedded services, PA system, integrated building management system and fire system implementation. Diebold Nixdorf’s people and approach to customer service strongly aligns with Convergint’s culture and its values and beliefs, the company says.
The new colleagues will join Convergint’s APAC subsidiary, ICD Security Solutions.
“This is a significant milestone for our Asia Pacific business,” says Tony Wang, CEO of ICD Security Solutions. “Not only does the team bring a wealth of experience in the financial, data center,and critical infrastructure verticals, but the acquisition also boosts our capabilities in various key locations in APAC, helping us better serve our clients at a local level and further expand our reach.”
“Over the years, we have organically grown our electronic security business to become a leading provider of security solutions across markets in APAC,” says Ashish Jaiswal, Vice President Electronic Security, Asia Pacific, Diebold Nixdorf. “We are tremendously excited to join the Convergint and ICD family. With the combination of two strong integrators, we will be well-positioned to expand our business offerings and presence across the region to better serve our customers.”
Convergint has grown its global footprint in recent years by acquiring Ireland-based MTS Security in 2019, as well as Australia-based Integrators Australia and France’s Astrec Security in 2018.