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  5. Snom Technology AG Acquires Gigaset

M&A Deal Summary

Snom Technology AG Acquires Gigaset

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

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

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

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1
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