Recap
HMS Networks, an international carrier of commercial details and interaction innovation, has actually participated in a binding contract with DOGAWIST-Investment GmbH to obtain 100% of the shares in PEAK-System Technik GmbH, a reputable German carrier of commercial interaction options and specialists within vehicle interaction innovations such as canister and LIN.
In the picture over, see the team in the PEAK-System workplace in Darmstadt after authorizing. From delegated right: Alexander Gach, handling supervisor PEAK-System Technik; Ines Dohmann, handling supervisor optimal Team; Staffan Dahlström, Chief Executive Officer of HMS Networks; and Uwe Wilhelm, handling supervisor optimal Team and PEAK-System Technik.
Strategic reasoning
The procurement will certainly enhance HMS’ placement within interaction options for innovative design devices, screening and control within vehicle, clinical and transport. HMS sees a number of harmonies in between HMS’ Company System Ixxat and PEAK-System as there are a great deal of usual proficiency within vehicle interaction innovations such as canister, CANISTER FD, LIN, Flexray and Automotive Ethernet, however focused on various applications and target teams. Thus there is excellent possibilities for cross-selling, both when it pertains to item advancement and using the sales networks of both firms.
The procurement will certainly enhance HMS’ international visibility within vehicle interaction, particularly in the German market.
“PEAK-System’s considerable item profile and proficiency increase our existing item offering in interaction options for innovative design devices, screening and control in applications within vehicle, clinical and transport. We additionally see outstanding cross-selling possibilities, both geographically and practically. Our Ixxat brand name and PEAK-System currently supply distinct collections of software program and equipment devices and with each other, they will certainly supply our clients with even more choices to address their interactions obstacles. This is an amazing action for HMS and our Ixxat brand name and the whole HMS group enjoy to invite our brand-new associates at PEAK-System to HMS,” stated Staffan Dahlström, Chief Executive Officer of HMS Networks.
PEAK-System at a glimpse
PEAK-System is a reputable German commercial interaction business supplying both software and hardware for commercial and vehicle interaction. Via the advancement and production of cutting-edge and scalable items with focus on network innovations utilized in the automobile market, the business has actually been offering clients around the globe considering that the begin in 1999.
PEAK-System’s head office, with item production and advancement, lies in Darmstadt, Germany. There is additionally a French subsidiary with a workplace in Maxéville, near Nancy, France. PEAK-System utilizes in overall concerning 50 individuals.
The sales are well dispersed over the crucial commercial interaction markets with about 50% of sales in Europe, 25% in Asia and 25% in the United States.
Concerning HMS Networks
HMS Networks abdominal (publ) is a market-leading carrier of options in commercial details and interaction innovation (Commercial ICT) and utilizes over 1200 individuals. HMS establishes and makes items under the Anybus, Ixxat, Ewon and Intesis brand names (Red Lion Controls is additionally a component of the HMS Team since April 2024). Neighborhood sales and assistance are managed by branch workplaces around the globe, along with with a globally network of suppliers and companions. HMS reported sales of SEK 3,025 million in 2023 and is provided on the NASDAQ OMX in Stockholm in the Big Cap section and Telecom industry.
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