Kohlberg Kravis Roberts & Co. and GS Capital Partners III LP, an investment partnership managed by Goldman, Sachs & Co., have agreed to buy Siemens Nixdorf Retail and Banking Systems, a subsidiary of Siemens AG.

A provider of information technology to retailers and banks, Siemens Nixdorf ranks third worldwide in electronic-point-of-sale systems and fourth as a provider of automated teller machines.

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