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New round of buying and selling of companies?

Chris Corum   ||   Jul 13, 2005  ||   

Editor’s Note: CR80News asked several industry veterans to comment on the recent acquisition of Diebld’s Card System Division by The CBORD Group. Bob Huber is a leading consultant in the area of campus card systems. His observations on what the transaction may mean to the campus card market follow.

By Robert C. Huber, Business Consultant

I believe this is overall very positive for the entire campus card industry. CBORD has set the “customer satisfaction” standard for the industry for over 20 years and proven their ability to grow to be the largest card system company without loosing sight of their customers.

CBORD has taken over several other companies in their past and been quite strategic in blending new employees and customers into their existing “corporate family” in a positive manner.

Combining the strengths and competencies of both organizations should provide you synergy and will probably signal a new round of buying and selling of campus card companies – and provide more competition and better service industry-wide in the long-term.

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