Kontron AG Finalizes Acquisition of Thales Computers SA of France

Eching, Germany / Neuilly sur Seine, France, March 7, 2008 - Kontron AG, one of the world's leading suppliers of embedded computer systems, has finalized its announced acquisition of the French company Thales Computers SA, a subsidiary of the Thales Group. As already communicated by the respective companies, the acquisition has now received the required approvals from both the workforce representatives and the French ministry of Economy and Finance. This means Kontron Modular Computers GmbH, a 100 percent Kontron subsidiary based in Kaufbeuren, is now the owner of all shares outstanding in the Thales Computers SA.

Thales Computers SA will generate annual sales of approximately EUR 20 million, and has a workforce of around 100 employees. The company commands particular strengths in the high-end application areas in the government, aerospace, and transportation sectors. According to statements made by Ulrich Gehrmann, CEO of Kontron AG, the acquisition represents a strategic purchase for Kontron since it compensates Kontron for its disinvestment from its mobile, rugged embedded computer business in the US (Mobile Rugged business - MRD). This division was sold to Crane Co, Stamford, Connecticut, in August 2007.

About Kontron
Kontron designs and manufactures standard-based and custom embedded and communication solutions for OEMs, systems integrators, and application providers in a variety of markets. Kontron engineering and manufacturing facilities, located throughout Europe, North America, and Asia-Pacific, work together with streamlined global sales and support services to help customers reduce their time-to-market and gain a competitive advantage. Kontron's diverse product portfolio includes: Computer-on-Modules, SBCs/blades, open-modular platforms and systems, HMIs, and custom capabilities. Kontron is a Premier member of the Intel® Embedded and Communications Alliance and was awarded 2006 Intel Member of the Year. The company is a recent three-time VDC Platinum vendor for Embedded Computer Boards. Kontron is listed on the German TecDAX stock exchange under the symbol "KBC". For more information, please visit: www.kontron.com.

For more information:

Reader contact EMEA:
Kontron AG
Oskar-von-Miller-Strasse 1 /
85386 Eching/Munich
Tel: +49 (8165) 77-777
Fax: +49 (8165) 77-279

Reader contact Americas:
Kontron America Inc.
14118 Stowe Dr
Poway, CA 92064-7147
United States of America
Tel: +1 (888)-294-4558
Fax: +1 (858) 677-0898

Reader contact APAC:
Kontron Asia Inc.
Taipei Office
4F, No. 415, Ti-Ding Blvd. Sec. 2, NeiHu District
Taipei 114, Taiwan
Tel: +886 (2) 2799-2789
Fax: +886 (2) 2799-7399

More from Laboratory and Research Supplies and Equipment

All Topics