Network security
Rohde & Schwarz acquires 100% of Lancom
Rohde & Schwarz increases its stake in Lancom Systems to 100%. Together with subsidiary Rohde & Schwarz Cybersecurity, the Group is thus driving forward its strategy of becoming the largest European provider of network and cybersecurity solutions.
Rohde & Schwarz has held a majority stake in Lancom since November 2016. The Munich-based technology group is now expanding its stake in the leading German manufacturer of network infrastructure solutions for business and public administration to 100% in order to consolidate the targeted growth strategy of both companies. Lancon Systems will operate as an independent subsidiary within the Group.
Lancom founder Ralf Koenzen and Co-Managing Director Stefan Herrlich will continue to manage Lancom's business and take on additional responsibilities within the Group. Ralf Koenzen will head the newly established Networks & Cybersecurity division at Rohde & Schwarz, into which Rohde & Schwarz Cybersecurity will also be integrated. Stefan Herrlich will become a member of the Supervisory Board of Rohde & Schwarz Cybersecurity. Rohde & Schwarz has been active in the field of IT security for over 20 years and has been bundling a diverse and innovative portfolio for information and network security in the subsidiary since 2016.
Since its foundation in 2002, Lancom Systems has grown by an average of 14% per year (CAGR); in the past financial year 2017, this figure was 17%. Growth has always been organic and profitable and has been driven by the overall portfolio of WAN, LAN and WLAN solutions.
Approval from the German Federal Cartel Office is still pending. There was no information on the purchase price.
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