Gigaset Communications

VTech Completes Acquisition of Assets of Gigaset Communications GmbH

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Friday, April 5, 2024

VTech, Telecommunications, News, Acquisition, Gigaset Communications, Digital enhanced cordless telecommunications, Android, Gesellschaft mit beschränkter Haftung, Property management

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

VTech, Telecommunications, News, Acquisition, Gigaset Communications, Digital enhanced cordless telecommunications, Android, Gesellschaft mit beschränkter Haftung, Property management

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.

EQS-News: Gigaset files for insolvency proceedings - continuation of operations under self-administration

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Monday, September 25, 2023

Telecommunications, Bundesagentur für Arbeit, Frankfurt Stock Exchange, SME, Android, Federal Executive Boards, DECT, ISIN, GGS, Security (finance), Mobile phone, Management, Gigaset Communications

Bocholt, September 19th, 2023 - The Executive Board of Gigaset AG today decided to file an application for the opening of regular insolvency proceedings for Gigaset AG and an application for the opening of insolvency proceedings in self-administration for its indirect subsidiary Gigaset Communications GmbH at the competent local court in Münster due to illiquidity.

Key Points:

Bocholt, September 19th, 2023 - The Executive Board of Gigaset AG today decided to file an application for the opening of regular insolvency proceedings for Gigaset AG and an application for the opening of insolvency proceedings in self-administration for its indirect subsidiary Gigaset Communications GmbH at the competent local court in Münster due to illiquidity.
Negotiations with capital providers for new equity or debt capital have not yet been sufficiently substantiated to secure the necessary cash inflow for the continuation of Gigaset outside of insolvency proceedings.
The filing for insolvency opens up the possibility of a fundamental restructuring for Gigaset.
Gigaset AG is listed in the Prime Standard of the German Stock Exchange and is therefore subject to the highest transparency requirements.

EQS-News: Gigaset AG presents report on the first quarter of 2023. Strong start to the year. Consolidated revenues increase significantly by 12.7% year over year.

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Saturday, May 27, 2023

B2B, EU6, Frankfurt Stock Exchange, Bocholt, SME, Tax, Smartphone, Attention, Fruit, EUR, GS5, EBITDA, Gigaset Communications, Home automation, Deutsch, DECT, ISIN, CFO, Depreciation, Growth, GGS, News, Video game, Lithium, Marketing

Strong start to the year: Consolidated revenues increase significantly by 12.7% year over year

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Strong start to the year: Consolidated revenues increase significantly by 12.7% year over year
Bocholt, May 25, 2023 – Gigaset AG (ISIN: DE0005156004), a leading international company in the area of communications technology, today published its report for the first quarter of 2023.
“The first quarter shows that the new corporate strategy is bearing fruit,” says Dr Magnus Ekerot, CEO of Gigaset AG.
Revenues in the Professional B2B segment rose by 11.2% year over year to EUR 15.9 million (Q1 2022: EUR 14.3 million).
Gigaset AG is listed in the Prime Standard of Deutsche Börse and is therefore subject to the highest transparency requirements.

EQS-News: Gigaset AG publishes 2022 Annual Report. Forecast for fiscal 2022 achieved in full. Significant increase in revenues and rise in EBITDA.

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Friday, April 28, 2023

Gigaset AG fully met its revenue and EBITDA forecasts in the 2022 fiscal year despite challenging market conditions.

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Gigaset AG fully met its revenue and EBITDA forecasts in the 2022 fiscal year despite challenging market conditions.
Gigaset generated consolidated revenues totaling EUR 241.3 million in fiscal 2022, 11.1% up on the previous year (2021: EUR 217.1 million).
“The fact that we were able to increase revenues and EBITDA last year is a great success,” says Thomas Schuchardt, CFO of Gigaset AG.
In Professional business with B2B customers, Gigaset generated an 8.9% increase in revenues to EUR 62.3 million (2021: EUR 57.2 million).

EQS-News: Gigaset focuses on B2B with Smart Care Portfolio: Significantly expanded product portfolio to be presented at Altenpflege Messe 2023

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Wednesday, April 19, 2023

Gigaset focuses on B2B with Smart Care Portfolio: Significantly expanded product portfolio to be presented at Altenpflege Messe 2023

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Gigaset focuses on B2B with Smart Care Portfolio: Significantly expanded product portfolio to be presented at Altenpflege Messe 2023
The issuer is solely responsible for the content of this announcement.
Gigaset, a leading smart home company, announces a strategic realignment in the smart care sector.
The new Gigaset Smart Care strategy is now aimed specifically at B2B customers and service providers in the smart home and AAL market.
The new strategy and the corresponding Gigaset Smart Care product portfolio will be presented for the first time at the Altenpflegemesse, the leading trade fair for care and nursing in the German-speaking region.

EQS-News: Statement 2.0 – new outdoor smartphone from Gigaset! For adventure in the wild and at work: the Gigaset GX4 “Made in Germany”

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Sunday, December 18, 2022

For adventure in the wild and at work: the Gigaset GX4 “Made in Germany” (news with additional features)

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For adventure in the wild and at work: the Gigaset GX4 “Made in Germany” (news with additional features)
The issuer is solely responsible for the content of this announcement.
For adventure in the wild and at work: the Gigaset GX4 “Made in Germany”
Gigaset is launching its GX4 outdoor smartphone right on time for the Christmas trade season.
“The GX290 is a hard act to follow,” says Jörg Wissing, Senior Product & Business Development Manager at Gigaset.
The result is the Gigaset GX4 – a rugged outdoor smartphone “Made in Germany” with a fresh design, new ideas and a fair price.

EQS-News: Gigaset replaces popular DA desktop phone series with improved DESK family: A total of four new DESK models offer convenient desktop telephony for the 21st century

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Thursday, December 1, 2022

LCD, Spokane Public Facilities District, LED, Kool-Aid, European, RRP, Sale, DECT, DA, Family, Hearing, News, Consumer electronics, Security (finance), Television, Mobile phone, Gigaset Communications

Gigaset replaces popular DA desktop phone series with improved DESK family: A total of four new DESK models offer convenient desktop telephony for the 21st century

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Gigaset replaces popular DA desktop phone series with improved DESK family: A total of four new DESK models offer convenient desktop telephony for the 21st century
The issuer is solely responsible for the content of this announcement.
The demand for analog fixed-line phones in large numbers continues unabated, says Thomas Prdorf, Head of Product Management Global ODM at Gigaset.
With our new DESK series we are presenting high-quality devices with an extensive range of telephony functions at attractive prices.
The DESK 200 and DESK 400 models do not need their own power supply and are powered directly from the phone cable.

EQS-News: Gigaset AG publishes report on third quarter and first nine months of 2022: Phones with plus 2.3%, Professional with plus 8.8% increase on a nine-month view

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Sunday, November 27, 2022

Bocholt, November 22nd, 2022 - Gigaset AG (ISIN: DE0005156004), an international communications technology company, today published its report for the third quarter and the first nine months of 2022.

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Bocholt, November 22nd, 2022 - Gigaset AG (ISIN: DE0005156004), an international communications technology company, today published its report for the third quarter and the first nine months of 2022.
Earnings before interest and taxes (EBIT) declined to EUR -2.2 million in the third quarter (Q3 2021: EUR 3.3 million).
"We are facing a new reality in logistics and material availability," said Thomas Schuchardt, CFO of Gigaset AG.
"Accordingly, procurement and supply chain issues weighed on our results in the first nine months of the year.

EQS-News: Gigaset Fusion: Innovative and elegant all-rounder. The all-in-one phone system for SOHO and SMEs with professional telephony functions and innovative extras

Retrieved on:

Sunday, November 27, 2022

Gigaset is pushing the boundaries of business telephony: Fusion is a combination of desktop phone, DECT base station, PBX phone system and Smart Home base.

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Gigaset is pushing the boundaries of business telephony: Fusion is a combination of desktop phone, DECT base station, PBX phone system and Smart Home base.
All the settings and functions can be configured via a web-based interface and operated using the touch-and-swipe display.
Many of these enterprises are currently trying to optimize their costs in the strained economic situation, says Thomas Kopowski, the responsible product manager at Gigaset.
The Gigaset Fusion PBX phone system offers users a host of functions with unlimited use at no extra cost.