DGAP-Adhoc: Kontron AG acquires majority stake in Swiss company DIGITAL-LOGIC AG
17.09.2009
Kontron AG / Miscellaneous
17.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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ð§ 78 percent stake in specialist for ruggedized computers
ð§ 'Lucky Buy' expands product range in high-margin segments
ð§ Revenue and earnings growth from sales and purchasing synergies
Eching, Munich, September 17, 2009. Kontron AG has acquired a majority
stake in the unlisted Swiss company DIGITAL-LOGIC AG, which is based in
Solothurn. As the Eching-based computer manufacturer announced today, it
has acquired 78 percent of the shares in the company (EUR 15 million of
annual revenue, 100 employees), a takeover of 100 percent is intended. The
purchase price amounts to a mean single-digit figure in the millions.
DIGITAL-LOGICAL specializes in compact, 'rugged' embedded boards and
systems. These particularly robust computers are used in highly sensitive
applications in areas that tend to be independent of the economic cycle
such as government, transportation and medical technology. The compact
systems allow Kontron to access a new and complementary technology, thereby
supplementing Kontron's product portfolio in these high-margin market
segments.
This move also allows Kontron to extend its presence in the central
European region, and the company anticipates further gains in market
shares: in addition, and in particular, contributions are also expected to
result from synergy effects generated by its integration into Kontron's
international sales network, and the improved purchasing terms
DIGITAL-LOGICAL will benefit from.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
D-85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel+498165/77212,Fax+498165/77222 D-82131 Gauting
Tel: +4989-89 35 633,
Fax: +4989-89 39 84 29
Email: Gaby.Moldan@kontron.com Email: info@engel-zimmermann.de
17.09.2009 Financial News transmitted by DGAP
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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Kontron AG / Miscellaneous
17.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
ð§ 78 percent stake in specialist for ruggedized computers
ð§ 'Lucky Buy' expands product range in high-margin segments
ð§ Revenue and earnings growth from sales and purchasing synergies
Eching, Munich, September 17, 2009. Kontron AG has acquired a majority
stake in the unlisted Swiss company DIGITAL-LOGIC AG, which is based in
Solothurn. As the Eching-based computer manufacturer announced today, it
has acquired 78 percent of the shares in the company (EUR 15 million of
annual revenue, 100 employees), a takeover of 100 percent is intended. The
purchase price amounts to a mean single-digit figure in the millions.
DIGITAL-LOGICAL specializes in compact, 'rugged' embedded boards and
systems. These particularly robust computers are used in highly sensitive
applications in areas that tend to be independent of the economic cycle
such as government, transportation and medical technology. The compact
systems allow Kontron to access a new and complementary technology, thereby
supplementing Kontron's product portfolio in these high-margin market
segments.
This move also allows Kontron to extend its presence in the central
European region, and the company anticipates further gains in market
shares: in addition, and in particular, contributions are also expected to
result from synergy effects generated by its integration into Kontron's
international sales network, and the improved purchasing terms
DIGITAL-LOGICAL will benefit from.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
D-85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel+498165/77212,Fax+498165/77222 D-82131 Gauting
Tel: +4989-89 35 633,
Fax: +4989-89 39 84 29
Email: Gaby.Moldan@kontron.com Email: info@engel-zimmermann.de
17.09.2009 Financial News transmitted by DGAP
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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