VTech

VTech Completes Acquisition of Assets of Gigaset Communications GmbH

Retrieved on: 
Friday, April 5, 2024

HONG KONG, April 5, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Gigaset Technologies GmbH (formerly known as Snom Solutions GmbH), its indirect wholly-owned subsidiary, has completed the acquisition of the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").

Key Points: 
  • HONG KONG, April 5, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Gigaset Technologies GmbH (formerly known as Snom Solutions GmbH), its indirect wholly-owned subsidiary, has completed the acquisition of the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").
  • The Assets Purchase Agreement was announced on 24 January 2024 and the transaction was completed on 5 April 2024.
  • With the acquisition, VTech gains its first manufacturing facilities in Europe through Gigaset's factory in Bocholt, Germany.
  • Gigaset's businesses in DECT (Digital Enhanced Cordless Telecommunications) cordless phones, business telephony solutions for enterprise customers and Android-based mobile communications will be managed and operated by a new VTech entity, Gigaset Technologies GmbH.

VTech Completes Acquisition of Assets of Gigaset Communications GmbH

Retrieved on: 
Friday, April 5, 2024

HONG KONG, April 5, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Gigaset Technologies GmbH (formerly known as Snom Solutions GmbH), its indirect wholly-owned subsidiary, has completed the acquisition of the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").

Key Points: 
  • HONG KONG, April 5, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Gigaset Technologies GmbH (formerly known as Snom Solutions GmbH), its indirect wholly-owned subsidiary, has completed the acquisition of the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").
  • The Assets Purchase Agreement was announced on 24 January 2024 and the transaction was completed on 5 April 2024.
  • With the acquisition, VTech gains its first manufacturing facilities in Europe through Gigaset's factory in Bocholt, Germany.
  • Gigaset's businesses in DECT (Digital Enhanced Cordless Telecommunications) cordless phones, business telephony solutions for enterprise customers and Android-based mobile communications will be managed and operated by a new VTech entity, Gigaset Technologies GmbH.

Collective Measures selected by VTech Electronics North America as VTech and LeapFrog media agency of record

Retrieved on: 
Monday, March 18, 2024

MINNEAPOLIS, March 18, 2024 /PRNewswire/ -- Collective Measures, an employee-owned media and analytics agency, has been selected by VTech Electronics North America as VTech and LeapFrog's media agency of record following a competitive agency review led by the Mercer Island Group. VTech and LeapFrog, award-winning leaders in childhood development electronic learning products, are enjoyed by children around the world.

Key Points: 
  • MINNEAPOLIS, March 18, 2024 /PRNewswire/ -- Collective Measures , an employee-owned media and analytics agency, has been selected by VTech Electronics North America as VTech and LeapFrog's media agency of record following a competitive agency review led by the Mercer Island Group.
  • Collective Measures was awarded the business as a result of its strong full-funnel media capabilities and award-winning advanced analytics tool, Practix .
  • As media agency of record, Collective Measures will provide integrated strategy and planning across the VTech and LeapFrog portfolios, as well as research, analytics, and media mix modeling support.
  • "The enthusiasm that Collective Measures has for our business made them feel like a natural extension of our team from the very beginning," said Ed Medica, President, VTech Electronics North America.

Snom Amplifies Partner Success with New “Save With Snom” Deal Registration Program

Retrieved on: 
Thursday, February 15, 2024

Snom America will introduce the launch of its “Save With Snom” Deal Registration Program, a game-changer for MSPs and resellers looking to elevate their market position.

Key Points: 
  • Snom America will introduce the launch of its “Save With Snom” Deal Registration Program, a game-changer for MSPs and resellers looking to elevate their market position.
  • "Snom Americas is committed to driving partner growth," said Marc Magliano, Vice President, Channel Business for the Americas for Snom Americas.
  • "Our Save With Snom Deal Registration Program is more than just a discount; it's a strategic move to streamline success for our distributors and resellers."
  • The Save With Snom Deal Registration Program is another example of Snom America's innovative approach, ensuring that distribution partners and their customers enjoy a smooth transaction and a tangible competitive edge.

Reinvent Telecom Introduces New IP Phones & Devices From Snom

Retrieved on: 
Wednesday, February 14, 2024

SCOTTSDALE, Ariz. and FORT LAUDERDALE, Fla., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Reinvent Telecom, a provider of wholesale unified communications, SIP trunking, business messaging, direct routing for Microsoft Teams and contact center as a service solutions, announced today at ITEXPO in Fort Lauderdale, Florida, that Snom has been approved for use on the Reinvent wholesale platform, making leading IP phones and devices available for sale by reseller partners in the Reinvent White-Label and CoBranded Partner Programs.

Key Points: 
  • These business phones are sold through a wide network of trusted partners and are backed by North American-based training and support.
  • Reinvent Telecom built and operates a wholesale communications platform that empowers its reseller partners to transform their businesses into next-generation cloud-based communications service providers.
  • With Reinvent Telecom's platform, partners can build a successful cloud voice business while keeping full ownership and control of their customers.
  • "Historically, we've used IP phones from Snom's parent organization VTech in our Hosted Hospitality Suite solution for room devices.

EQS-News: VTech to Acquire Assets of Gigaset Communications GmbH

Retrieved on: 
Tuesday, January 30, 2024

Hong Kong and Bocholt, Germany, January 24th, 2024 – VTech Holdings Limited (“VTech”, HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH (“Gigaset”).

Key Points: 
  • Hong Kong and Bocholt, Germany, January 24th, 2024 – VTech Holdings Limited (“VTech”, HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH (“Gigaset”).
  • Gigaset is the market leader for DECT (Digital Enhanced Cordless Telecommunications) cordless phones in Europe.
  • It also provides business telephony solutions for enterprise customers, Android-based mobile communications as well as cloud-based smart home offerings for private and business customers.
  • Gigaset’s product portfolio, European market leadership, advanced R&D capabilities and manufacturing excellence are highly complementary with VTech,” said Hillson Cheung, President of VTech Telecommunication Products.

VTech to Acquire Assets of Gigaset Communications GmbH

Retrieved on: 
Wednesday, January 24, 2024

HONG KONG and BOCHOLT, Germany, Jan. 24, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").

Key Points: 
  • HONG KONG and BOCHOLT, Germany, Jan. 24, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").
  • Gigaset is the market leader for DECT (Digital Enhanced Cordless Telecommunications) cordless phones in Europe.
  • It also provides business telephony solutions for enterprise customers, Android-based mobile communications as well as cloud-based smart home offerings for private and business customers.
  • Gigaset's product portfolio, European market leadership, advanced R&D capabilities and manufacturing excellence are highly complementary with VTech," said Hillson Cheung, President of VTech Telecommunication Products.

VTech to Acquire Assets of Gigaset Communications GmbH

Retrieved on: 
Wednesday, January 24, 2024

HONG KONG and BOCHOLT, Germany, Jan. 24, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").

Key Points: 
  • HONG KONG and BOCHOLT, Germany, Jan. 24, 2024 /PRNewswire/ -- VTech Holdings Limited ("VTech", HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH ("Gigaset").
  • Gigaset is the market leader for DECT (Digital Enhanced Cordless Telecommunications) cordless phones in Europe.
  • It also provides business telephony solutions for enterprise customers, Android-based mobile communications as well as cloud-based smart home offerings for private and business customers.
  • Gigaset's product portfolio, European market leadership, advanced R&D capabilities and manufacturing excellence are highly complementary with VTech," said Hillson Cheung, President of VTech Telecommunication Products.

All-New VTech® Sleep Training Soothers Now Available Nationwide

Retrieved on: 
Tuesday, January 16, 2024

TIGARD, Ore., Jan. 16, 2024 /PRNewswire/ -- Today VTech® Communications, Inc., a leading manufacturer of award-winning baby monitors, announced the availability of its latest sleep soothers, designed to create ideal sleep patterns and environments for little ones. The latest introductions, available now at retailers nationwide, include the VTech V-Hush Pro BC8313, V-Hush Pro 2 BC8314, V-Hush Jr. BC8213 and V-Hush Plug BC8113 Sleep Training Soothers.

Key Points: 
  • The latest introductions, available now at retailers nationwide, include the VTech V-Hush Pro BC8313, V-Hush Pro 2 BC8314, V-Hush Jr. BC8213 and V-Hush Plug BC8113 Sleep Training Soothers.
  • The family of V-Hush Sleep Training Soothers offers a comprehensive solution for enhancing a child's sleep routine and creating a peaceful environment for restful sleep, promoting healthy sleep habits.
  • These soothers feature a sleep program designed by experts, combining light, sounds and tips to create an optimal sleep environment.
  • Enhance baby's sleep routine and cultivate a harmonious atmosphere that benefits both parents and little ones with the VTech®️ V-Hush Sleep Training Soother Series.

VTech® and LeapFrog® Toys Top Holiday Lists with Over 60 Industry Awards

Retrieved on: 
Thursday, December 21, 2023

CHICAGO, Dec. 21, 2023 /PRNewswire/ -- Today VTech® and LeapFrog® announced their holiday toys have received more than 60 industry awards from trusted parenting websites, toy industry experts, toy advisory boards and major retailers. Many new products received multiple awards across various toy testing programs and holiday lists, including VTech's Storytime With Sunny™, Go! Go! Smart Wheels® Spiral Construction Tower™ and Switch & Go® 3-in-1 Rescue Rex, and LeapFrog's Build-a-Slice Pizza Cart™, Magic Adventures™ Telescope and Touch & Learn Wooden Activity Cube™. 

Key Points: 
  • Award-Winning Toys Selected by Trusted Parenting Websites, Esteemed Industry Award Programs and Leading Retailers
    CHICAGO, Dec. 21, 2023 /PRNewswire/ -- Today VTech® and LeapFrog® announced their holiday toys have received more than 60 industry awards from trusted parenting websites, toy industry experts, toy advisory boards and major retailers.
  • Many new products received multiple awards across various toy testing programs and holiday lists, including VTech's Storytime With Sunny™, Go!
  • "We're honored that our VTech and LeapFrog products have been recognized by leading toy industry and parenting experts," said Danielle Norwood, Vice President, Marketing, VTech Electronics North America.
  • "We're proud of our team that loves creating toys that bring joy and imagination to kids throughout the year."