Announced
Completed
Financials
Tags
Private
iot products
Single Bidder
Cross Border
it services
IT Services: Other
Germany
Majority
Friendly
Acquisition
Completed
Synopsis
VINCI Energies, an accelerator of energy transition and digital transformation, completed the acquisition of S&T, an IT services business of Kontron, a provider of hard and software solutions, for $408m. The agreement covers operations in Germany, Switzerland, Poland as well as eight other countries in central and eastern Europe. Kontron specialises in IT systems integration and services for cloud and datacenters, IT networks and cybersecurity, digital workspace as well as dedicated business applications.
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