M&A Deal Summary

VTech Acquires Snom Technology AG

On October 21, 2016, VTech acquired communications company Snom Technology AG

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

M&A Deal Summary
Date 2016-10-21
Target Snom Technology AG
Sector Communications
Buyer(s) VTech
Deal Type Add-on Acquisition

Target

Snom Technology AG

Berlin, Germany
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.

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Buyer(S) 1

Buyer

VTech

Tai Po, China
Category Company
Founded 1976
Sector Technology Hardware
Employees20,000
Revenue 2.1B USD (2024)
DESCRIPTION

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

DEAL STATS #
Overall 3 of 5
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (Germany) 1 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 LeapFrog Enterprises

Emeryville, California, United States

LeapFrog Enterprises, Inc. is a provider of learning tablets and ground-breaking developmental games, learn to read and write systems, interactive learning toys and more are designed to create personalized experiences that encourage, excite and build confidence in children.

Buy $72M
FOLLOWING 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.

Buy -
Mergr

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