Kontron Merging With S&T

AUGSBURG, Germany -- Kontron, a leading global provider of Embedded Computing Technology (ECT), announces that it will merge with S&T Deutschland Holding AG. The merger had been resolved at both the Kontron Annual General Shareholder Meeting (AGM) as well as the AGM of S&T Deutschland Holding AG on June 19 and June 20 respectively.

After the merger the brand "Kontron" will continue to provide its customers with integrated solutions for embedded modules, boards and systems, Internet of Things (IoT) and Industry 4.0 applications. With more than 2,300 experienced engineers from both OT and IT backgrounds, Kontron together with S&T will offer further innovative solutions for the seamless and secure connection of embedded systems into the Embedded Cloud.

Through S&T Group's software know-how Kontron will be able to extend its portfolio of software applications and services and thus consolidate its technological leadership position. Leveraging the Original Design Manufacturing Services (ODM) by Foxconn subsidiary Ennoconn Kontron will be able to fulfill even large delivery options moving forward. The extended product and services portfolio will help Kontron customers reduce time-to-market for products of their own significantly.

The merger creates additional cost-saving opportunities and simplifies the group's organization further. A lean management structure and more effective decision-making will shorten development times and evolutionary cycles.

Kontron AG