DGAP-Adhoc: Kontron AG takes a stake in Austrian company Ubitronix
26.07.2010
Kontron AG / Miscellaneous
..
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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* 40 percent of shares and voting majority acquired
* Strategic investment in future-oriented energy market
Eching, Munich, July 26, 2010. Kontron AG, a globally leading provider of
embedded computer systems, has taken a stake in Ubitronix System Solutions
GmbH, which is based at the Austrian location of Hagenberg. As of July 26,
2010, 40 percent of the shares and the majority of the voting rights of the
energy management specialist were acquired. Kontron also secured an option
to top up its share stake to more than 70 percent. Kontron is providing its
shares in Quanmax Inc. in a share exchange as part of this non-cash
transaction. Kontron most recently held 19 percent in Quanmax Inc., which
is listed on the Taipei stock exchange. The share value at the stock
exchange amounts to EUR 4 million. These shares have nevertheless no longer
been consolidated in Kontron's balance sheet since 2008.
With this strategic acquisition, Kontron aims to focus to a greater extent
on the future-oriented energy market. Ubitronix provides energy utilities
and network operators with hardware and software solutions for the growing
challenges presented by the liberalized energy market, particularly for the
smart grids and smart metering area. Synergies arise for both companies:
Kontron aims to use Ubitronix's know-how to shorten times to product launch
for its standard and customer-specific, robust industry PCs,
high-availability and failsafe servers, and gateways and switches for the
growing key market of energy. Kontron will also be able to offer OEM
solutions for smart grid and smart metering in the future. Ubitronix will
receive access to Kontron's global supply chain, thereby reducing its
materials and production costs.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel: 08165/77212,
Fax 08165/77222 82131 Gauting
Tel: 089-89 35 633, Fax: 089-89 39 84 29
E-mail: Gaby.Moldan@kontron.com E-mail: info@engel-zimmermann.de
.. Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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
..
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.
=--------------------------------------------------------------------------
* 40 percent of shares and voting majority acquired
* Strategic investment in future-oriented energy market
Eching, Munich, July 26, 2010. Kontron AG, a globally leading provider of
embedded computer systems, has taken a stake in Ubitronix System Solutions
GmbH, which is based at the Austrian location of Hagenberg. As of July 26,
2010, 40 percent of the shares and the majority of the voting rights of the
energy management specialist were acquired. Kontron also secured an option
to top up its share stake to more than 70 percent. Kontron is providing its
shares in Quanmax Inc. in a share exchange as part of this non-cash
transaction. Kontron most recently held 19 percent in Quanmax Inc., which
is listed on the Taipei stock exchange. The share value at the stock
exchange amounts to EUR 4 million. These shares have nevertheless no longer
been consolidated in Kontron's balance sheet since 2008.
With this strategic acquisition, Kontron aims to focus to a greater extent
on the future-oriented energy market. Ubitronix provides energy utilities
and network operators with hardware and software solutions for the growing
challenges presented by the liberalized energy market, particularly for the
smart grids and smart metering area. Synergies arise for both companies:
Kontron aims to use Ubitronix's know-how to shorten times to product launch
for its standard and customer-specific, robust industry PCs,
high-availability and failsafe servers, and gateways and switches for the
growing key market of energy. Kontron will also be able to offer OEM
solutions for smart grid and smart metering in the future. Ubitronix will
receive access to Kontron's global supply chain, thereby reducing its
materials and production costs.
Investor Relations: Further information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel: 08165/77212,
Fax 08165/77222 82131 Gauting
Tel: 089-89 35 633, Fax: 089-89 39 84 29
E-mail: Gaby.Moldan@kontron.com E-mail: info@engel-zimmermann.de
.. Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
=--------------------------------------------------------------------------
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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