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Deals

by Mike Masnick

Mon, Mar 3rd 2008 12:55am




Filed Under:
hostile takeover, mergers

Companies:
diebold, united technologies corporation


United Technologies Corporation Makes A Bid For Diebold

from the buy-now,-vote-later... dept

Just as the Onion is poking fun at Diebold for releasing the results of the 2008 Presidential election months early, it appears that United Technologies Corporation is attempting a hostile takeover of the company after it turned down a private offer. Diebold is mostly known these days for its controversial e-voting business (which the company has renamed "Premiere" to try to disassociate it with the Diebold name) but is also a major player in the ATM business. Whether or not UTC takes the company over, there's little doubt that Diebold has done a terrible job responding to the questions and accusations about the security and reliability of its e-voting machines. Having a company like UTC come in and take over could actually do a lot for the company to regain some trust.

12 Comments | Leave a Comment..


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(Flattened / Threaded)

  1.  

    Diebold

    identicon
    Joyce Carr, Mar 3rd, 2008 @ 2:53am

    Somebody needs to buy it and clean it up...what a golden opportunity if the reputation can be repaired. Even the least savvy user knows that the system Diebold uses for its voter is very poorly design and thus not credible.

    [ reply to this | link to this | view in thread ]

  2.  

    Conflict of Interest

    identicon
    Anonymous Coward, Mar 3rd, 2008 @ 5:32am

    I have a bad feeling about this

    [ reply to this | link to this | view in thread ]

  3.  
    identicon
    Wolf, Mar 3rd, 2008 @ 5:48am

    The Onion vid was a hoot, and probably more accurate than we would like to think.

    [ reply to this | link to this | view in thread ]

  4.  

    Re: Conflict of Interest

    identicon
    Vincent Clement, Mar 3rd, 2008 @ 7:10am

    Why?

    [ reply to this | link to this | view in thread ]

  5.  

    Oh no, very very bad--UT buying Diebold??

    identicon
    piperonal, Mar 3rd, 2008 @ 8:59am

    Lovely. So now the military-industrial-government complex enriches itself and the same company owns the voting machines?

    Why not just come right out, burn down the Reichstag, and declare us fascist openly instead of sneaking around like no-one has noticed?

    [ reply to this | link to this | view in thread ]

  6.  

    What's left to trust?

    identicon
    bshock, Mar 3rd, 2008 @ 9:26am

    You can't trust the machines, you can't trust the software, you can't trust the management, you can't trust the name.

    What exactly would UTC be buying? Does Diebold have a particularly nice office building?

    [ reply to this | link to this | view in thread ]

  7.  
    identicon
    Anonymous Coward, Mar 3rd, 2008 @ 9:45am

    Why do I have a sickening feeling that if I start to google United Technologies Corporation and Hillary Clinton I'll get a ton of matches....

    Is she still trying to win?!

    [ reply to this | link to this | view in thread ]

  8.  

    Yep, I Was right

    identicon
    Anonymous Coward, Mar 3rd, 2008 @ 9:54am

    Well, well well: http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PR&Date=20080128&ID=8099868&Sy mbol=UTX

    [ reply to this | link to this | view in thread ]

  9.  

    Who do you trust? Hubba Hubba Hubba Money Money Mo

    identicon
    The Joker, Mar 3rd, 2008 @ 8:23pm

    Hey, If it has Jack Nicholson's seal of approval, who elses does it need?

    http://www.youtube.com/watch?v=tsweXFpfa28

    [ reply to this | link to this | view in thread ]

  10.  

    Re: Who do you trust? Hubba Hubba Hubba Money Mone

    identicon
    Anonymous Coward, Mar 3rd, 2008 @ 8:31pm

    Uh mine...

    Hillary is getting way desparate, man. Give it up.

    [ reply to this | link to this | view in thread ]

  11.  

    ewr

    identicon
    jacks, May 30th, 2009 @ 12:29am

    Steel and aluminum scaffolding for construction is a very useful tool. How's China printing industry developed this years, who can tell us? China based injection molding services with low costs and supeior quality

    [ reply to this | link to this | view in thread ]

  12.  
    identicon
    China Tent, Oct 9th, 2010 @ 1:09am

    Your blog article is very intersting and fanstic,at the same time the blog theme is unique and perfect,great job.To your success.

    [ reply to this | link to this | view in thread ]


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