M&A Deal Summary

VTech Acquires Gigaset

On January 24, 2024, VTech acquired technology hardware company Gigaset

Acquisition Highlights
  • This is VTech’s 3rd transaction in the Technology Hardware sector.
  • This is VTech’s 2nd transaction in Germany.

M&A Deal Summary
Date 2024-01-24
Target Gigaset
Sector Technology Hardware
Buyer(s) VTech
Deal Type Add-on Acquisition

Target

Gigaset

Bocholt, Germany
website
Gigaset is a communications technology company offering a mobile communications portfolio for private and business customers, cloud-based smart home and smart care solutions as well as business telephony solutions for SoHo, SMEs, and the enterprise sector. Gigaset is based in Bocholt, Germany.

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Buyer(S) 1

Buyer

VTech

Tai Po, China

website

Category Company
Founded 1976
Sector Technology Hardware
Employees25,000
Revenue 2.4B USD (2022)
DESCRIPTION

VTech is a manufacturer of cordless phones. VTech was founded in 1976 and is based in Tai Po, China.

DEAL STATS #
Overall 5 of 5
Sector (Technology Hardware) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (Germany) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 QSC - Manufacturing Facility

Tecate, Mexico

QSC's Manufacturing Facility manufactures wood enclosure loudspeakers based in Tecate, Mexico.

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