Kontron
BSQUARE takeover planned
Kontron America and Bsquare Corporation, a specialist in the development and deployment of software technologies for manufacturers and operators of connected devices, announced on October 11, 2023 that Kontron AG will acquire Bsquare.
Under the terms of the agreement, Kontron will commence a tender offer for all outstanding shares of Bsquare common stock at a purchase price of USD 1.90 per common share. The transaction, which is a cash tender offer, represents an implied equity value of approximately USD 38 million.
Hannes Niederhauser, CEO of Kontron, comments on the transaction: "The acquisition of Bsquare is an important step in advancing our software development, sales and integration efforts in North America. In particular, we expect strong synergies through cross-selling with our subsidiary in San Diego."
Ralph C. Derrickson, Bsquare's President and CEO added: "Bsquare's business will seamlessly complement Kontron's IoT hardware products and services and provide our customers with a more comprehensive solution offering. The acquisition also provides liquidity to Bsquare's shareholders while creating economies of scale and efficiencies for the company."
You might also be interested in
Integrated data interfaces to SQL databases
Kontron presents the new release of the 'Connect IoT Bundle', which offers an extended range of functions for machine builders and operators.
read more...Motherboard in Mini-ITX format
Kontron presents the 'K3836-Q/R mITX', a motherboard in a compact mini-ITX format. It is equipped with the latest Intel Core processors of the 12th, 13th and 14th generation and a set of modern interfaces.
read more...5G module production entirely in Europe
Kontron has announced that it will manufacture its 5G modules entirely in Europe in future. In doing so, the company wants to underline its commitment to shorter supply chains, Europe's technological sovereignty and the reduction of CO2 emissions.
read more...Control panel series updated
Kontron has developed a new generation of its Control Panels which, thanks to the more powerful Arm NXP i.MX8M Plus processors, provide a significant performance boost compared to previous models.
read more...The top articles in January 2024
The year is off to a fast start for companies and is already bringing with it all kinds of collaborations and changes at this early stage. Developments in the field of robotics and control technology are not standing still either, as our top...
read more...Majority stake in Katek SE acquired
On January 18, Kontron AG agreed the acquisition of around 60 % of the shares in the listed company Katek SE. The buyer is the wholly-owned German subsidiary Kontron Acquisition GmbH, which is acquiring the shares from the previous Katek majority...
read more...The e-paper special: looking for products of the year 2024
They've earned it: all 96 nominated products from 12 categories in their own e-paper. Browse through the individual areas and make your personal selection. You can also find out more about the companies and their solutions in the accompanying video...
read more...Integrated data interfaces to SQL databases
Kontron presents the new release of the 'Connect IoT Bundle', which offers an extended range of functions for machine builders and operators.
read more...On a shopping spree
Kontron AG now announces the acquisition of Hartmann and W-IE-NE-R, a group of rugged computer systems manufacturers based in Germany and the United States, from Phoenix Mecano AG.
read more...