Kontron buys 100% of India subsidiary

Enhanced and expanded service for Asia-Pacific customer base through full ownership of local subsidiary

Augsburg, Germany July 16th, 2015 – Kontron, a leading provider of Embedded Computing Technology (ECT), has made the Kontron Technology India Pvt. Ltd. with offices in Bangalore and Mumbai a wholly-owned subsidiary of the group. Kontron acquired full ownership of all shares of the company in India to better serve its established base of more than 120 regional customers. Faster response times and a higher quality service offering will make it a much more valuable and competitive resource within the APAC region. The changes to its Indian operations follow the recent expansion of offices in Tokyo and Beijing and are part of Kontron’s comprehensive APAC growth strategy.
 
Kontron has hired a high tech industry veteran, Rajeev Soni, as new General Manager of its India operations. Rajeev Soni brings more than 20 years experience from leadership positions at companies such as Kana, Inc., Aspect Software and Microsoft where he played a central role in creating sustained growth momentum. He will be responsible to lead Kontron’s India sales, business development, marketing, engineering and services professionals as well as its channel sales partners. Leveraging Kontron’s global position as a trusted embedded technology and Internet-of-Things (IoT) solutions innovator, key initiatives for the teams include leading channel partner and alliance engagements to drive faster design-to-deployment schedules, giving customers a competitive advantage.
 
"India represents a significant market opportunity for Kontron from increasing demand in many strategic growth sectors that include defense, industrial automation and transportation. Through our investment and by leveraging Rajeev Soni’s demonstrated leadership experience, our customers will realize the full benefit of our comprehensive and global innovation expertise at a local level,” says Michael Väth, Executive Vice President Global Sales & Marketing at Kontron. “As many global OEMs have large development centers in India, Kontron customers will now have easier access to our world-class engineering and support services resulting in shorter design-in cycles and a faster time to market.”
 
###
 
About Kontron
Kontron, a global leader in embedded computing technology and trusted advisor in IoT, works closely with its customers, allowing them to focus on their core competencies by offering a complete and integrated portfolio of hardware, software and services designed to help them make the most of their applications.
With a significant percentage of employees in research and development, Kontron creates many of the standards that drive the world’s embedded computing platforms; bringing to life numerous technologies and applications that touch millions of lives. The result is an accelerated time-to-market, reduced total-cost-of-ownership, product longevity and the best possible overall application with leading-edge, highest reliability embedded technology.             
Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol “KBC”.
For more information, please visit: www.kontron.com