In Brief: Diebold, Lantronix In ATM-IT Project

IRVINE, Calif. - The automated teller machine manufacturer Diebold Inc. of Canton, Ohio, is collaborating with Lantronix Inc. to develop technology to link ATMs with information technology networks.

The plan is for Lantronix's Device Servers, which link electronic devices to networks such as the Internet, to let Diebold ATMs circumnavigate telephone lines by connecting to financial institutions' higher-speed information technology networks.

Diebold says the system will lower ATM owners' long-distance network connection charges.

"For our customers, this means the end of incompatible hardware and an entirely cohesive network at a reduced cost," said Bill Aitken, vice president of systems integration and services at Diebold.

Lantronix was founded in 1989.

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