M&A Deal Summary

Ericsson Acquires Kathrein-Werke KG - antenna and filters business

On February 25, 2019, Ericsson acquired technology hardware company Kathrein-Werke KG - antenna and filters business from Kathrein-Werke KG

Acquisition Highlights
  • This is Ericsson’s 3rd transaction in the Technology Hardware sector.
  • This is Ericsson’s 1st transaction in Germany.

M&A Deal Summary

Date 2019-02-25
Target Kathrein-Werke KG - antenna and filters business
Sector Technology Hardware
Buyer(s) Ericsson
Sellers(s) Kathrein-Werke KG
Deal Type Divestiture

Target

Kathrein-Werke KG - antenna and filters business

Germany
Kathrein-Werke KG - antenna and filters business provides 5G antenna technology for mobile networks and will have around 4,000 highly-skilled professionals in R&D, production, and sales based in more than 20 locations, including Germany, Romania, the U.S., Mexico, and China.

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Buyer(S) 1

Buyer

Ericsson

Stockholm, Sweden

Category Company
Founded 1876
Sector Technology Hardware
Employees92,866
Revenue 247.9B SEK (2024)
DESCRIPTION
Ericsson office in Santa Clara, California.
Ericsson office in Santa Clara, California.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments: networks, global services, support solutions, and modems. Ericsson was formed in 1876 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 25 of 29
Sector: Technology Hardware M&A 3 of 5
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-04 CENX

Ottawa, Ontario, Canada

CENX, Inc. is an assurance technology company. Cenx provides carrier Ethernet interconnect solutions for service and cloud exchange providers. CENX, Inc. was founded in 2009 and is based in Ottawa, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-22 Ericsson - Enterprise and Cloud Billing Business

Stockholm, Sweden

Ericsson's Enterprise and Cloud Billing Business is a charging solution primarily developed to monetize any product or service, including IoT services. The ECB suite is the world leader for customers with complex, multi-party B2B billing requirements and does so without having to reengineer data sources or formats. The software is designed to provide robust monetization capabilities while blending into the customer's existing software and infrastructure.

Sell -

Seller(S) 1

SELLER

Kathrein-Werke KG

Rosenheim, Germany

Category Company
Sector Technology Hardware
DESCRIPTION

Kathrein-Werke KG is a manufacturer of antenna systems and related electronics. Kathrein-Werke was founded in 1919 and is based in Rosenheim, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 Kathrein-Werke - Gigabit Networks

Rosenheim, Germany

Kathrein-Werke - Gigabit Networks is a German based provider of broadband activities.

Sell -