TRILATERAL SYNERGY:The industrial PC maker will also become a major investor of Kontron via S&T, allowing it to offer clients complete solutions

Taiwan Times
Date: Oct 13, 2016
By: Lauly Li / Staff reporter

Industrial PC maker Ennoconn Corp (樺漢科技) yesterday said it plans to acquire a 29.4 percent stake in information technology solution provider S&T AG for 152.83 million euros (US$168.6 million), in an effort to enhance its global competitiveness.

S&T announced at the same time that it would purchase a 29 percent share in Kontron AG — Germany’s leading embedded computer technology provider, Ennoconn said.

“Ennoconn will become the largest shareholder of S&T and the main investor of Kontron through the deal with S&T,” Ennoconn chief financial officer Tsao Hsi-chung (曹錫仲) told a press conference at the Taiwan Stock Exchange.

S&T has strong software integration technologies and more than 1,800 software engineers worldwide, while Kontron is known for its brand management and marketing resources, Tsao said.     [FULL  STORY]