VTech: VTech Holdings Purchases Gigaset Communications Assets

VTech Holdings, the parent company of Snom Americas and phone handset manufacturer, today announced that its indirect, wholly-owned subsidiary Gigaset Technologies (formerly Snom Solutions) completed the acquisition of Gigaset Communications' assets. This transaction includes its manufacturing facilities in Bocholt, Germany. VTech noted that the transaction was funded by "internal resources." With the acquisition, VTech gains [...] The post VTech Holdings Purchases Gigaset Communications Assets appeared first on ChannelVision Magazine.