DGAP-News: euromicron AG: Leoni and euromicron step up collaboration in the Fiber-to-the-Home growth market
(firmenpresse) - DGAP-News: euromicron AG / Key word(s): Miscellaneous
euromicron AG: Leoni and euromicron step up collaboration in the
Fiber-to-the-Home growth market
14.12.2010 / 10:06
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Leoni sells a subsidiary in Austria and one in the Netherlands to
euromicron holding GmbH
Nuremberg / Frankfurt on the Main, 14 December 2010 - Leoni, the leading
provider of cables and cable systems to the automotive sector and other
industries, and euromicron AG, the leading provider of all-in solutions for
network infrastructures, will be working together more closely in the
future. Rooted in an already successfully established customer-supplier
relationship, the two companies will deepen their partnership further in
the market for fiber optic-based network infrastructures. As part of this
move, Leoni last Friday sold the two subsidiaries, Leoni NBG Fiber Optics
GmbH based in Gmünd, Austria and Leoni WCS Benelux B.V. in Amersfoort,
Netherlands, to euromicron.
euromicron AG is listed in Deutsche Börse's Prime Standard and is a
provider of all-in solutions for communication, data and security networks.
The company will, with this strategically motivated takeover of these two
businesses, expand its development and production know-how in the field of
glass fiber-based passive components, further enhance its expertise in the
Fibre-to-the-Home (FTTH) solutions market and strengthen its presence in
Austria and Benelux. FTTH describes the most advanced development level of
wireline broadband internet connections with a glass fiber link all the way
through to the consumer's home.
As an all-in solution provider, NBG Fiber Optics GmbH - to be known in the
future as euromicron NBG - covers a broad spectrum of passive system
components such as glass fiber cable, empty conduit systems as well as
connection technology and provides planning, engineering, project
management as well as installation services in the FTTH segment, primarily
so in the German-speaking region. Leoni WCS Benelux B.V. operates as a
sales and distribution company in the Benelux countries. The two companies
employ a total of about 60 people.
Leoni and euromicron regard the deal as the start of greater collaboration
in the FTTH business and expect this closer linking of their skills and
market access to strengthen their combined market position. The companies
see opportunities for joint endeavour in other segments as well.
(2,296 printed characters incl empty spaces)?Illustration material can be downloaded from media.leoni.com
About the Leoni group
Leoni is a global supplier of wires, optical fibers, cables and cable
systems as well as related services for the automotive sector and further
industries. Leoni develops and produces technically sophisticated products
from single-core automotive cables through to complete wiring systems.
Leoni's product range also comprises wires and strands, standardised
cables, special cables and cable system assemblies for various industrial
markets. The group of companies, which is listed on the German MDAX,
employs around 53,000 people in 37 countries and generated consolidated
sales of EUR 2.16 billion in 2009.
About the euromicron group
euromicron (www.euromicron.com) is an all-round solution provider for
communications, data and security networks. Its network infrastructures
integrate voice, video and data transport wirelessly, via copper cable and
by means of fiber-optic technologies. euromicron builds its leading
applications, such as e-health, security, control or surveillance systems,
on the basis of these network infrastructures. Founded on its expertise as
a developer and producer of fiber-optic components, euromicron AG is a
strongly growing, profitable group that is listed on the stock market, has
a medium-sized character and focuses on operational growth, integration and
further market penetration, internationalization and expansion.
Contact person for journalists
Sven Schmidt
Corporate Public&Media Relations
Leoni AG
Phone +49 (0)911-2023-467
Fax +49 (0)911-2023-231
E-Mail presse(at)leoni.com
Ulrike Hauser
Investor / Public Relations
euromicron AG
Telefon +49 (0)69-631583-0
Telefax +49 (0)69-631583-17
E-Mail IR-PR(at)euromicron.de
End of Corporate News
14.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: euromicron AG
Speicherstr. 1
60327 Frankfurt
Deutschland
Phone: +49(0) 69 631583-0
Fax: +49(0) 69 631583-20
E-mail: info(at)euromicron.de
Internet: www.euromicron.de
ISIN: DE0005660005
WKN: 566000
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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106365 14.12.2010
Datum: 14.12.2010 - 10:06 Uhr
Sprache: Deutsch
News-ID 32852
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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