Add-on Acquisition • Communications

Snom Technology AG Acquires Gigaset

On January 24, 2024, Snom Technology AG acquired communications company Gigaset

Acquisition Context

This is Snom Technology AG’s 1st transaction in the Communications sector.
This is Snom Technology AG’s 1st transaction in Germany.

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M&A Deal Summary
Date	January 24, 2024
Target	Gigaset
Sector	Communications
Buyer(s)	Snom Technology AG
Deal Type	Add-on Acquisition

Target Company

Gigaset

Munich, Germany

Gigaset is a telecommunication company that offers a wide range of products and solutions. It also provides business telephony solutions for enterprise customers, Android-based mobile communications, and cloud-based smart home offerings for private and business customers. Gigaset is based in Munich, Germany.

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Buyer Overview 1

Buyer

Snom Technology AG

Berlin, Germany

Category	Company
Founded	1996
Sector	Communications

DESCRIPTION

Snom Technology AG is a provider of voice communications over data networks. Snom's German engineering is globally renowned for robust, high-quality and feature-rich business telephones that are designed exclusively for the trained and certified professional IT and PBX installer.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Communications	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Germany	1 of 1
Year: 2024	1 of 1

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