DGAP-Ad hoc: Kontron AG

DGAP-Adhoc: Kontron AG to sell a 49% stake in its subsidiary Kontron Canada Inc. to Ennoconn Corporation

Kontron AG / Key word(s): Strategic Company Decision

22.01.2016 07:39

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

* Kontron AG and Ennoconn to enter into a strategic partnership in the Communication business * Ennoconn to take a 49% stake in Kontron's subsidiary, Kontron Canada Inc. (KCI), paying US$ 57.3 million (approximately EUR 52.5 million)

Augsburg, Germany, January 22, 2016 - Kontron AG and Ennoconn Corporation have agreed to enter into a strategic partnership. To this effect, Ennoconn will take a 49% stake in KCI, paying US$ 57.3 million (approximately EUR 52.5 million) to Kontron AG. This transaction will be subject to regulatory and corporate approvals, which are expected to be obtained during early 2016.

The partnership is a transformational milestone for Kontron with major implications for its strategic move to become a leading provider of hardware/software solutions, as well as its presence in the APAC region. By taking this step with Ennoconn, one of the largest hardware manufacturers globally, Kontron positions itself to take advantage of a rapidly changing technological world, determined primarily by the brisk development of the Internet of Things (IoT).



For further information: Alexandra Habekost Head of Investor Relations Kontron AG Tel: +49 (0) 821 4086 114 Alexandra.Habekost@kontron.com

Chari Lazaridis Head of Global Corporate Communications Kontron AG Tel: +49 (0) 821 4086 484 Chari.Lazaridis@kontron.com

22.01.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Kontron AG Lise-Meitner-Straße 3-5 86156 Augsburg Germany Phone: 00498214086114 Fax: E-mail: Alexandra.Habekost@kontron.com Internet: www.kontron.com ISIN: DE0006053952 WKN: 605395 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------