Kontron AG / Miscellaneous
06.10.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Intel® Corporation signs agreement to sell assets from its
carrier-grade rackmount and IP network server products to Kontron
Eching, Munich, October, 6 2008 Kontron AG, a leading global provider of
embedded computing and open modular solutions, has reached an agreement
with Intel® Corporation to acquire its Communication Rackmount Server
operation of 1U, 2U carrier-grade rackmount and IP network security server
products. The transaction, subject to regulatory review and standard
closing conditions, is expected to close shortly.
The Intel carrier-grade rackmount and network server team mainly centered
in Columbia, South Carolina, and Penang, Malaysia, which include various
employees engaged in engineering, product development, product marketing,
technical support and operations. Kontrons Management expects for 2009
revenue from this new acquisition of more than USD 40 million. This
acquisition is considered a strategic opportunity and is expected to close
shortly. This intact group in Intel, with around 70 employees, has many
years of expertise in world-class server technology, including high-density
mechanical and electronic design, thermal and vibration analysis, and
implementation of high-standards of secure and uninterruptible operations..
To help ensure a continuous supply of products and a high-quality of
support and services to Intel customers, both Intel and Kontron will work
jointly in the transition period to provide a smooth and seamless hand-over
of products, projects, and customer and distributor relationships.
Customers will also be backed by Kontrons strong global presence, flexible
supply chain capabilities; including a high-volume manufacturing services
facility in Penang, Malaysia, and engineering and technical support
services.
'The benefits for customers are tremendous,' said Kontron CEO Ulrich
Gehrmann. 'customers will continue to receive the latest technology in
computing platforms while being able to choose from a single
source. Both the existing Intel products and any future Intel Architecture
multi-core server designs will firmly establish Kontron the leading
provider of multi-core carrier-grade server platforms. After many years of
working closely with Intel, we fully anticipate strong favorable long-term
growth.'
The addition of Intel communication servers will be an excellent complement
to the Kontron family of AdvancedTCA and MicroTCA communication platforms
and industrial rackmount servers. It will enable Kontron to further address
the needs of tier 1 and tier 2 telecom and network equipment providers who
need to deliver compelling solutions for the growing communications market.
The Intel line of carrier-grade servers provide a choice of Quad-Core
Intel® Xeon processors based on Intel's latest 45nm technology for
industry-leading performance-per-watt processing. These 1U and 2U servers
are NEBS-3 and ETSI-compliant and are an excellent choice for demanding
central office environments and the limited space of highly available data
centers. They support a diverse set of applications that include: unified
messaging, S(service)oIP, call control, media and signaling gateways, and
operational system support.
The Intel family of IP network security servers comprised of 1U, 2U servers
are ideally suited for enterprise application acceleration and content
caching, as well as for running Telco SoIP, such as IMS, IPTV, video on
demand (VoD), SIP application servers, IP-PBX, and IP-PSTN gateways.
'Intel is pleased to reach this agreement with Kontron, an Intel Embedded
Communications Alliance Premier member and one of the worlds leading
embedded computer companies. We will work closely with them to transition
support for customers of these products', said Doug Davis, Vice President
of the Digital Enterprise Group and General Manager of the Embedded and
Communications Group at Intel.
Investor Relations: For more information:
Gaby Moldan Dr. Udo Nimsdorf
Kontron AG Engel & Zimmermann AG
Oskar-von-Miller-Str. 1, Agentur für Wirtschaftskommunikation
85386 Eching Schloss Fußberg, Am Schlosspark 15,
Tel:+498165/77212,Fax+498165/77222 82131 Gauting
Tel:+4989-8935633,Fax:+4989-89398429
Email: Gaby.Moldan@kontron.com Email: info@engel-zimmermann.de
About Intel
Intel, the world leader in silicon innovation, develops technologies,
products and initiatives to continually advance how people work and live.
Additional information about Intel is available at www.intel.com/pressroom.
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.
Kontrons 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. 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.
DGAP 06.10.2008
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Language: English
Issuer: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Phone: 08165-77-225
Fax: 08165-77-222
E-mail: martin.przybyla@kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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DGAP-News: KONTRON TO ACQUIRE COMMUNICATION RACKMOUNT SERVER OPERATION FROM INTEL® CORPORATION
| Source: EQS Group AG