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ARTICLE · 14 SEPTEMBER 2012

Diebold Defender

Please find below information about a deal closed on Friday (August 31) and publicly announced today (September 5):

BrazilCorporate/Commercial Law
Luciana Cossermelli Tornovsky
Luciana Cossermelli Tornovsky
Author LinkedIn connections

Demarest e Almeida has advised Diebold to acquire, through its Brazilian subsidiary, Procomp Indústria Eletrônica Ltda,, 100% of GAS Tecnologia, a leading Internet banking, online payment and mobile banking security company headquartered in Brasília, after more than 6 months of negotiation. GAS is a software-led services provider specializing in security solutions for Internet and mobile banking.

"This is a very strategic acquisition for Diebold and will certainly contribute for Diebold's growth in the security field. The complexity of the negotiations, which took over 6 months, was due to the intellectual property aspects involved and to the relevance of the acquisition in this market." - as informed byLuciana Cossermelli Tornovsky, M&A partner of Demarest e Almeida Advogados

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