VTech completed the acquisition of Gigaset Communications.

VTech, a Hong Kong-based global supplier of electronic learning products, completed the acquisition of Gigaset Communications, a global provider of communications technology. Financial terms were not disclosed. “The acquisition represents a significant step forward in our transition journey.” “As part of the VTech family, we will have a solid foundation not only to strengthen the relationship with our global business partners, but also facilitate our products to reach more consumers and enterprise customers, giving us a unique platform to embark on a new era of growth,” Dr Magnus Ekerot, Gigaset CEO.