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
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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
---------------------------------------------------------------------
378457 16.07.2015
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
---------------------------------------------------------------------
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
---------------------------------------------------------------------
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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