Hytera signed agreement with Rohde & Schwarz to aquire Rohde & Schwarz Professional Radio GmbH
Bad Muender will be the global R&D Centre for technology standardised by ETSI and it will remain the global technical supports Centre for TETRA infrastructure.
On the 20th July 2011, Hytera Communications Corporation Ltd. has signed and agreement with Rohde & Schwarz GmbH & Co KG to acquire Rohde & Schwarz Professional Mobile Radio GmbH.
Dr. Georg Haubs, President and CEO of Rohde & Schwarz Professional Mobile Radio: Over the last period Rohde & Schwarz has been looking for a strategic partner to develop the business beyond the current level. Hytera Communications Corporation was the most interesting party in this process. According to Rohde & Schwarz, hytera is a well fitting new owner of Rohde & Schwarz Professional Mobile radio GmbH because of their strong standing in the Chinese and Asian market and because of a complimentary product portfolio by contributing TETRA Terminals, DMR infrastructure as well as DMR mobile terminals. Rohde & Schwarz furthermore expect benefits of lower cost out of production facilities in China. The research and development for TETRA infrastructure products will stay in Bad Muender, Germany and the company is looking forward to provide its distribution partners with high quality TETRA products designed and engineered in Germany.
The existing location of Rohde & Schwarz Professional Mobile Radio GmbH in Bad Muender, Germany will be the European and Middle East & Africa regional headquarters. Besides hosting the existing TETRA infrastructure activities the Rohde & Schwarz activities in Bad Muender will be expanded to become a sales, service and development centre also for terminals and DMR products and applications.
Furthermore Bad Muender will be the global R&D Centre for technology standardised by ETSI and it will remain the global technical supports Centre for TETRA infrastructure.
The transaction is a so called share deal whereby the new owner takes over all shares of Rohde & Schwarz Professional Radio GmbH including contracts and liabilities. The Rohde & Schwarz senior management believes that their customers will be in good hands at Rohde & Schwarz Professional Radio GmbH with its new owner with even additional capabilities like terminals and DMR products and expect that the legal closing of the transaction require several months. Until closing the company remains a Rohde & Schwarz daughter company.
Source: www.tetra-applications.com
