Kontron AG to Acquire Communication Rackmount Server Operation from Intel®

Eching, Munich, October, 6 2008. Kontron AG, a leading provider of embedded computer technology, acquires the communication rackmount server operation from Intel® 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:
Gaby Moldan
Kontron AG
Oskar-von-Miller-Str. 1,
85386 Eching ,
Tel: 08165/77212, Fax 08165/77222
Email: Gaby.Moldan@kontron.com


For further information:
Dr. Udo Nimsdorf
Engel & Zimmermann AG
Agentur für Wirtschaftskommunikation
Am Schlosspark 15,
82131 Gauting
Tel. 089-89 35 633, Fax: 089-89 39 84 29
Email : info@engel-zimmermann.de

back all news
Contact Sales 1-888-294-4558 / 858-623-3094 Contact Sales Support 888-835-6676 / +1 450-437-5682 Contact Support
More Contact Options