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esmertec ag Lagerstrasse 14 8600 Dübendorf, Switzerland http://www.esmertec.com
Contact Nicolas Fiorini +41 44 823 89 00
ES
esmertec ag

Esmertec signs agreement to acquire mobile software platform activities from Sagem Mobiles, supporting profitable growth and strategic positioning

The acquisition will significantly grow Esmertec's revenue for the coming years and expand its portfolio of products and services

(PresseBox) (Dübendorf / Zürich, )
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- The acquisition of the mobile software platform activities and related assets from Sagem Mobiles
- 3-years profitable software license and services contract with Sagem Wireless for an aggregated minimum deal value of EUR 51 million
- The acquisition paid-off 100% in shares
- The final transaction subject to approval of employee representative bodies

Esmertec(TM) (SWX: ESMN), a leading edge provider of software platforms, applications and services to communication device manufacturers and mobile telecom operators, is pleased to announce that it has entered into agreement with Sofinnova Partners and Safran as shareholders of Sagem Wireless (company to be incorporated) to acquire Sagem Mobiles'
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.