Investors and market vote no on Diebold

Diebold can't unload its troubled e-voting unit, reports the Associated Press. So, on the heels of California decertifying the use of e-voting for its February primaries, the embattled e-voting developer is turning lemons into lemonade. It is spinning that division off into a new brand, Premier Election Systems, which effectively distances the main brand from the controversial offspring.

TR blogger Paul Mah told us about Diebold's latest defects, revealed in a study commissioned for California's Secretary of State. That analysis showed multiple vulnerabilities of the systems, and Dan Rather reported on yet more e-voting problems last week. A slide in Diebold stock value followed these latest events in a series of e-voting controversies.

The multiple e-voting blunders may someday join the list of all-new lows in IT industry blunders, and I remain happy that, up here in the Silicon Forest, Oregon still uses vote-by-mail.

Will Diebold stock value rebound by moving the elections subsidiary away from the main brand? Does this affect the cred of IT in general?

Editor's Picks

Free Newsletters, In your Inbox