DGAP-News: Brockhaus Technologies AG / Key word(s): Mergers & Acquisitions
IHSE acquires kvm-tec
– IT security specialist expands product portfolio
– IHSE plans to drive growth with KVM-over-IP solutions
– Addressing new customer groups and meeting growing demand for IP solutions
Frankfurt am Main/Oberteuringen/Tattendorf, November 3, 2021. IHSE GmbH (“IHSE”), a Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42) group company, acquired a majority stake in kvm-tec Holding GmbH (“kvm-tec”).
Founded in 2006, kvm-tec develops and distributes flexible, high-security KVM-over-IP solutions (KVMoIP) to extend and switch computer signals. The company enables the high-performance, latency-reduced transmission of the signals via the standard IP protocol in existing networks. IHSE is a leading global technology provider for KVM solutions (keyboard, video, mouse) via proprietary network protocols, and is expanding its product portfolio and customer base with this acquisition.
The proprietary KVM solutions of IT security specialist IHSE are used particularly in mission-critical applications such as air traffic control, in control rooms and in the utilities and transport sectors. KVM solutions over the standard IP protocol are increasingly being deployed in industrial applications, broadcasting, post-production and the public sector as the more flexible, lower-cost solution that can be implemented faster. With the acquisition of kvm-tec, IHSE is accessing a worldwide KVMoIP customer base which will benefit from the international IHSE distribution network going forward, with offices in Germany, the USA, Singapore and China. In addition to joint sales forces, the management of IHSE and kvm-tec see further synergy potential in purchasing and production.
Ing. Dietmar Pfurtscheller, founder and CEO of kvm-tec, will remain with the company after the transaction is completed, along with his wife Ingrid Pfurtscheller MSc, Head of Sales and Marketing, and drive growth together with the IHSE team. kvm-tec is based in Tattendorf, Austria, and currently has 28 employees and generated approx. € 3.3 million revenues in the last fiscal year 2020.
“With kvm-tec’s IP-based product portfolio we are strengthening our strategic competitive position in the market for further growth. Now we offer the right KVM solution for every customer need. Our joint technology platform also means we are reinforcing our innovation capabilities in a rapidly changing market,” says Dr. Enno Littmann, CEO of IHSE. “Our international subsidiaries enable us to be close to our customers also. In the IT security space, local personal contacts are a key success factor,” adds Michael Spatny, Managing Director at IHSE.
“Since kvm-tec was founded some 15 years ago, we have continuously developed the technology behind our KVMoIP products and are proud to supply numerous international customers today,” says Ing. Dietmar Pfurtscheller, founder and CEO of kvm-tec. “We are confident that in IHSE we have found the right partner to support our ongoing growth; with its global footprint and KVM expertise we are well positioned to become a ‘KVM Global Powerhouse’ together,” adds Ingrid Pfurtscheller MSc, Head of Sales and Marketing at kvm-tec.
Marco Brockhaus, CEO of Brockhaus Technologies: “We are delighted that our technology group is continuing to grow with the acquisition of kvm-tec by IHSE. We make Mittelstand champions even better, even stronger, even more successful. Because that is exactly what Brockhaus Technologies stands for. We support our subsidiaries with our network and our expertise, and are a reliable partner for acquisitions too.”
The technology group includes the sensor-technology specialist Palas, in addition to IHSE. Brockhaus Technologies is set to grow by another subsidiary in the fourth quarter of 2021 with its planned acquisition of Bikeleasing. Bikeleasing-Service GmbH & Co. KG (“BLS”) is a leading digital B2B platform for brokering and managing leasing contracts for company bikes. Closing of the BLS transaction is subject to financing being obtained as well as a number of conditions precedent.
About Brockhaus Technologies
Based in Frankfurt am Main, Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42) is a technology group that acquires high-margin, high-growth technology champions with B2B business models in the German Mittelstand. With a unique platform approach and a long-term horizon, Brockhaus Technologies actively and strategically supports its subsidiaries in achieving profitable long-term growth, both across industries and internationally. At the same time, Brockhaus Technologies offers a gateway into these non-listed German technology champions, which are otherwise inaccessible to capital market investors.
IHSE GmbH is a world-leading manufacturer of KVM (keyboard, video, mouse) solutions for extending and switching computer signals. Its technology enables high-security, reduced-latency, loss-free data transmission in areas such as air traffic control, broadcasting, industrials, hospitals, utilities and transport. IHSE was founded in 1984 in Oberteuringen and has 120 employees around the world. IHSE GmbH is a subsidiary of Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42), which is listed in the Prime Standard of the Frankfurt Stock Exchange. More information can be found at www.ihse.de
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