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    DGAP-News  539  0 Kommentare Kontron buys 100% of India subsidiary


    DGAP-News: Kontron AG / Key word(s): Miscellaneous
    Kontron buys 100% of India subsidiary

    16.07.2015 / 10:30

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    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."

    For more information:

    Alexandra Habekost
    Kontron
    Tel: +49 (0) 821 4086-114
    alexandra.habekost@kontron.com



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    16.07.2015 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Kontron AG
    Lise-Meitner-Straße 3-5
    86156 Augsburg
    Germany
    Phone: 0821 - 4086 114
    Fax: 0821 - 4086 122
    E-mail: Alexandra.Habekost@kontron.com
    Internet: www.kontron.com
    ISIN: DE0006053952
    WKN: 605395
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
    Munich, Stuttgart


    End of News DGAP News-Service
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    378457 16.07.2015


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    DGAP-News Kontron buys 100% of India subsidiary DGAP-News: Kontron AG / Key word(s): Miscellaneous Kontron buys 100% of India subsidiary 16.07.2015 / 10:30 --------------------------------------------------------------------- Enhanced and expanded service for Asia-Pacific customer base through …