DGAP-Adhoc: Kontron AG to Acquire Communication Rackmount Server Operation from Intel(TM)
06.10.2008
Kontron AG / Miscellaneous
06.10.2008
Release 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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Eching, Munich, October, 6 2008.
Kontron AG, a leading provider of embedded computer technology, acquires
the communication rackmount server operation from Intel(TM) Corporation Inc.
An agreement to this effect was signed Friday, October 3rd, in Santa Clara,
California. The closing is expected to take place in early October, 2008
subject to any applicable regulatory review and standard closing
conditions.
Kontron's Management expects for 2009 revenue from this newly acquired
operation of more than USD 40 million. With this acquisition, Kontron AG is
optimally complementing its important telecommunications activities. The
rackmount servers add to the company's product offering of Kontron's
high-end AdvancedTCA and MicroTCA technologies. Kontron can offer now the
whole range of technology to international telecommunications equipment
suppliers. With this additional technology, Kontron AG can also strengthen
its leadership in embedded computing. Kontron will achieve a high level of
synergies in production based on the fact that rackmount server production
as yet has been taking place in Penang (Malaysia), where Kontron AG also
has its central manufacturing hub. Further synergies are expected with the
integration of the South Carolina engineering research center in Kontron's
North America operation.
Investor Relations: For 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
Email: Gaby.Moldan@kontron.com Tel.+4989-8935633,Fax:+4989-89398429
Email : info@engel-zimmermann.de
06.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: 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, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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Kontron AG / Miscellaneous
06.10.2008
Release 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.
=--------------------------------------------------------------------------
Eching, Munich, October, 6 2008.
Kontron AG, a leading provider of embedded computer technology, acquires
the communication rackmount server operation from Intel(TM) Corporation Inc.
An agreement to this effect was signed Friday, October 3rd, in Santa Clara,
California. The closing is expected to take place in early October, 2008
subject to any applicable regulatory review and standard closing
conditions.
Kontron's Management expects for 2009 revenue from this newly acquired
operation of more than USD 40 million. With this acquisition, Kontron AG is
optimally complementing its important telecommunications activities. The
rackmount servers add to the company's product offering of Kontron's
high-end AdvancedTCA and MicroTCA technologies. Kontron can offer now the
whole range of technology to international telecommunications equipment
suppliers. With this additional technology, Kontron AG can also strengthen
its leadership in embedded computing. Kontron will achieve a high level of
synergies in production based on the fact that rackmount server production
as yet has been taking place in Penang (Malaysia), where Kontron AG also
has its central manufacturing hub. Further synergies are expected with the
integration of the South Carolina engineering research center in Kontron's
North America operation.
Investor Relations: For 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
Email: Gaby.Moldan@kontron.com Tel.+4989-8935633,Fax:+4989-89398429
Email : info@engel-zimmermann.de
06.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: 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, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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