10/11/2004 - Kontron AG, one of the world's leading providers of Embedded Computer Systems, has significantly strengthened its activities in the field of forward-looking ATCA technologies. As members of company management have now announced, the technologies, patents and systems that were part of the insolvent assets of the insolvent Giga Stream UMTS Technologie GmbH, Saarbrücken, have been acquired at a purchase price of EUR 260,000.
Giga Stream was founded in the year 2000 with the help of venture capital. The company was devoted to creating high performance telecommunications facilities and systems based on the most advanced developments in the area of multi-media switching for mobile networks. Over the past years, a total investment volume of EUR 13 million was committed in this area.
As Kontron executives stated, Giga Stream holds in-depth experience in the telecommunications software and network processors for the processing of speech, data and video channels in real-time. So-called "Content Sensitive Traffic Monitoring" is a special technical highlight in this context, and enables operators to charge users different prices depending on content.
As board chairman Hannes Niederhauser has outlined, Kontron will be adopting this technology for the communication industry operating on the new AdvancedTCA Standard. Hannes Niederhauser expects the rapidly expanding ATCA market to reach a volume in excess of US $15 billion over the next four years, and perceives a potential of more than US $150 million for Kontron in this context.
As the TecDAX listed corporation reported, all the assets of the insolvent company Gespac S.A. located in Geneva Switzerland have also been acquired at a purchase price of EUR 250,000. According to Kontron AG, by taking over "a few key staff members" at the Geneva location, the company will be strengthening its position in the French transportation market segment. Kontron Kaufbeuern will be continuing the existing Gespac business with leading company clients such as Alstolm, Bombardier, Siemens Transportation and Technicatom.
Hannes Niederhauser adds: "As Gespac and Kontron are both active in embedded computer railway technology, we will be increasing our French market shares by a considerable measure. Based on this acquisition we expect to achieve a sales gain of around EUR 2 million in the year 2004 and up to EUR 10 million in the year after next."
Previous Page | News by Category | News Search
If you found this page useful, bookmark and share it on: