Congatec
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Congatec is an embedded systems vendor from Deggendorf (Bavaria, Germany). Primary products of the company are industrial-grade motherboards and computers-on-module.[1]
The company has subsidiaries in the United States, Taiwan, China, Japan, Australia, the United Kingdom, France and Czech Republic. In 2018 its sales amounted to 133 million US dollars.[1]
Company history[edit]
Congatec was established on 9th December 2004 by thirteen former employers of embedded manufacturer Jumptec[2] (which itself became part of Kontron in 2002).
After five years of operation, the sales of the company amounted to EUR 27 million, and the staff increased to 77.[3]
In 2014 the company reached 64 million EUR in sales and became a leader in computer-on-modules in the EMEA area.[4]
In 2018 Congatec acquired a virtualization vendor Real-Time Systems.[5]
Manufacturing and customers[edit]
Congatec is a fabless company, the actual production is done by foundries.
Some customers of Congatec include B&R, Amazon, Bosch Rexroth, General Electric, Google, Rohde & Schwarz, Samsung and Siemens.
Products[edit]
As for 2019, the company offers the following products:[6]
- COM Express boards (type 6, 7, 10, 2)
- SMARC modules
- Qseven modules
- Single-board computers
IPO attempts[edit]
As early as 2015, Congatec was aiming for a listing on the American Nasdaq stock exchange, but the project was cancelled due to the weakening capital market.[7] The IPO announced in mid-September 2019 for the end of 2019 in the Prime Standard of the Frankfurt Stock Exchange was also postponed to 2020 one month later.[8][9]
References[edit]
- ↑ 1.0 1.1 "About congatec". congatec.com.
- ↑ "congatec AG celebrates 10th anniversary". congatec.com. 9 December 2014.
- ↑ "congatec AG celebrates 5th anniversary". congatec.com.
- ↑ "congatec announces record sales of EUR 64 million". 24 February 2015.
- ↑ "congatec AG acquires Real-Time Systems GmbH". 27 February 2018.
- ↑ "All products". congatec.com.
- ↑ "German semiconductor company congatec Holding withdraws $60 million US IPO". NASDAQ. Retrieved 13 September 2019.
- ↑ "Congatec will an die Börse". boerse.ard.de (in Deutsch). Retrieved 13 September 2019.
- ↑ "congatec verschiebt Börsengang auf 2020" (in Deutsch). Passauer Neue Presse. 2019-10-14.
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