At the end of last year, the Fujitsu Group had announced the closure of its Augsburg site by the end of September 2020.
While the transaction is subject to antitrust approvals, the acquisition by Kontron 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 to Kontron is planned to start in October 2019. Kontron will also offer employment opportunities to Fujitsu employees with the relevant skills in the areas research and development, production and sales. Kontron has said that it remains committed to providing the same level of expertise and skills that Fujitsu's mainboard business customers have known and experienced.
Commenting Carlos Queiroz, COO of S&T AG, said: "The first-class portfolio of Fujitsu's mainboard business can be ideally expanded with our IoT software and services offering for IoT, Industry 4.0 and Artificial Intelligence. In addition, Kontron knows the needs of the existing customers and is setting a clear example as a future-oriented employer in the Bavarian region with the acquisition."