Sagem adds Gigaset WIMAX

Sagem Communications, a French phone-maker and provider of broadband products, has entered into an agreement to acquire the broadband and WiMAX business of Gigaset Communications, a subsidiary of Arques Industries and Siemens.

This is the first acquisition for Sagem Communications since being acquired by The Gores Group, a US-based private equity firm, in January 2008.

“This acquisition should reinforce Sagem Communications objective to become a world provider of broadband terminals, convergence and digital home solutions,” said Patrick Sevian, president of Sagem Communications, in a prepared statement. “We firmly believe that the global customer footprint and the excellent R&D capabilities of Gigaset will significantly enhance our positioning and the value we provide to our customers.”

Sagem Communications has 6,570 employees worldwide, with 2008 sales of Eur1.3bn.

Tags: ,

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Do you agree public funding should be used to support mobile operators to more broadly deploy Open RAN?

Loading ... Loading ...