Kontron S&T, a subsidiary of S&T, signed an asset deal with Fujitsu Technology Solutions, headquartered in Munich, Germany to acquire the Augsburg-based Fujitsu industrial mainboard business. In October last year, the Fujitsu Group had announced the closure of its Augsburg site by the end of September 2020. The transaction is subject to antitrust approvals.
For Kontron, the acquisition of the embedded motherboard business of Fujitsu Technology Solutions is a strategic step to expand these products with its own IoT software technology. The transfer of the operational business from Fujitsu Technology Solutions to Kontron is planned to start in October 2019. Kontron will also offer employment opportunities to Fujitsu Technology Solutions employees with the relevant skills in the areas research and development, production and sales. Kontron is committed to provide the same level of expertise and skills that the Fujitsu mainboard business customers have known and valued so far.