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Ascom Divests its Security Communication Business in Austria

Published: March 13, 2012; 17:57 · (Vindobona)

The Swiss IT solution provider sells its subsidiary Ascom Austria Ges.m.b.H. in a management buy-out to the current Managing Director Peter Bernhofer.

Ascom Divests its Security Communication Business in Austria / Picture: © Flickr

According to Ascom, the transaction is a part of the announced divestment of the core businesses of the former Security Communication Division.

Ascom Austria Ges.m.b.H. focuses on public safety (public security communication and alarming applications), cash solutions (cash handling, ATM), and traffic solutions (passenger information systems in public transport) in Austria and…

This article includes a total of 285 words.

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