July 30, 2008 By Tracy Kitten, Senior Editor, ATMmarketplace.com
Nautilus Hyosung Inc., which is based in Seoul, Korea, has announced plans to buy ATM competitor Triton Systems of Delaware Inc., based in Long Beach, Mississippi.
Nautilus Hyosung's parent is Hyosung Corp., a $ 7 billion Korean company that maintains a diverse portfolio of heavy industries, chemicals, textile and information-technology businesses.
The acquisition is expected to close by the third quarter of 2008, pending regulatory approval.
