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Electronics industry

Fujitsu and Triton Form Strategic Licensing Agreement for ATM Solutions

Strategic Insights

— 2 min read

Fujitsu Transaction Solutions Inc. and Triton have entered into a strategic licensing agreement to provide a broader range of automated-teller machine solutions for small to mid-size financial institutions and the retail ATM market. The agreement will leverage Fujitsu's Windows-based ATM software application, Prism, on Triton's current and next-generation ATM hardware. Prism features standard 912 transaction emulation and uses Microsoft's industry-standard WOSA-XFS interface, enabling the same application to run on any Windows-capable ATM. This partnership will provide customers with a proven, tested, and certified Windows-based application.

Key Takeaways:

  • Fujitsu and Triton have entered into a strategic licensing agreement to provide a broader range of ATM solutions for small to mid-size financial institutions and the retail ATM market.
  • The agreement will leverage Fujitsu's Windows-based ATM software application, Prism, on Triton's current and next-generation ATM hardware.
  • Prism features standard 912 transaction emulation and uses Microsoft's industry-standard WOSA-XFS interface, enabling the same application to run on any Windows-capable ATM.
  • A team of Prism software developers from Fujitsu has joined Triton to continue ongoing development of the Prism product.
  • Fujitsu will also transfer personnel to Triton to support activities related to both Prism and the reseller channel.
  • Fujitsu's current ATM resellers will have the opportunity to resell and service the new Triton products, in addition to the current ATM offerings from Fujitsu.
  • The partnership will provide smaller financial institutions with a robust, Web-enabled ATM solution at a very attractive price point.
  • The two companies have a great deal of synergy between their product lines and target markets, with Triton being the market leader in off-premise ATMs for the retail market.

Statistics:

  • Fujitsu has over 1,000 employees in the U.S., Canada, and the Caribbean.
  • The company has been operating in North America for more than 30 years.
  • Triton has more than 100,000 installations in over 17 countries worldwide.
  • Fujitsu Transaction Solutions Inc. is a wholly owned subsidiary of Fujitsu Limited.
  • The partnership will provide customers with a proven, tested, and certified Windows-based application.

Sources:

  • Fujitsu Transaction Solutions Inc. press release, April 13, 1999.
  • Fujitsu Transaction Solutions Inc. corporate website, http://www.ftxs.fujitsu.com/.
  • Triton press release, April 13, 1999.
  • Triton corporate website, http://www.tritonatm.com/.
  • Anne Prine, Fujitsu Transaction Solutions Inc., +1-480-575-8093, aprine@ftxs.fujitsu.com.
  • Anita Nobles Arguelles, Triton Systems of Delaware, +1-228-575-3281, anitaa@trtn.com.
  • Neil McGlone, Michael A. Burns & Associates P.R., +1-214-521-8596, nmcglone@mbapr.com.

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