Gigaset Communications

German multinational corporation
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  • Vtech (2024–present)
Websitewww.gigaset.com

Gigaset AG, formerly known as Siemens Home and Office Communication Devices, is a German multinational corporation based in Bocholt, Germany. More active in the area of communications technology, it manufactures DECT telephones.

On April 5, 2024, Vtech Holdings Limited completed its acquisition of the company.[2]

History

Gigaset Communications was established on 1 October 2008, when Arques Industries [de], a private equity firm, acquired 80.2% equity interest in Siemens Home and Office Communication Devices GmbH & Co. KG (SHC) from Siemens AG for 45 million euros.[3][4]

Subsequently, the firm became controlled by the Goldin Group (>70%), being controlled by the Hong Kong businessman and entrepreneur Pan Sutong.[5] Gigaset AG was listed on the Prime Standard of Deutsche Börse and its shares were traded on the Frankfurt Stock Exchange (ISIN: DE0005156004).

In 2017, it had 930 employees, revenue of 293 million Euro and sales activities in approximately 70 countries.[6] In January 2024 it was announced that Gigaset and its assets would be acquired by VTech;[7][8] that transaction was completed three months later.

Products and services

Gigaset creates numerous products for home and small office use:

Recent Gigaset and Gigaset pro cordless phones support Cat-iq 2.0 with HD Voice, allowing high-quality calls with a frequency response up to 7 kHz on VoIP/SIP phones and home gateways, using the G.722 wideband audio codec (dubbed High Definition Sound Performance (HDSP) by Gigaset).

Eco Dect and Eco Dect Plus are power-saving technologies used by Gigaset.[12] Energy savings of 60-80% are available using a combination of low-energy switched-mode power supply unit, reduction of transmission power by adjusting transmission power according to the handset's distance to the base station, and switching off radio wave transmission completely when the handset is docked and charging or in standby mode. A green home logo indicates that the product has these features.

References

  1. ^ a b c d e "Annual Report 2018" (PDF). Gigaset. Archived (PDF) from the original on 31 March 2022. Retrieved 9 Nov 2019.
  2. ^ "VTech Completes Acquisition of Assets of Gigaset Communications GmbH". PR Newswire. Retrieved 2024-04-09.
  3. ^ Siemens Plans to Cut Up to 7,000 Jobs Archived 2022-04-26 at the Wayback Machine. New York Times, February 26, 2008
  4. ^ A Home Network Where Your TV Talks to Your Fridge Archived 2022-04-26 at the Wayback Machine. New York Times, August 24, 2008
  5. ^ Heuzeroth, Thomas (2018-05-29). "Gigaset: Das ist das erste Smartphone aus Deutschland". DIE WELT. Archived from the original on 2018-05-30. Retrieved 2018-05-30.
  6. ^ "Annual Reports | Gigaset". www.gigaset.com. Archived from the original on 2022-06-29. Retrieved 2018-05-30.
  7. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". VTech. Retrieved 2024-01-24.
  8. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". Gigaset. Retrieved 2024-01-24.
  9. ^ "Gigaset presents new GS270 smartphone | Gigaset". Archived from the original on 2017-12-01. Retrieved 2017-11-18.
  10. ^ "Discover the Gigaset GL7 flip phone". www.gigaset.de. Gigaset. 11 March 2023. Archived from the original on 11 March 2023. Retrieved 11 March 2023.
  11. ^ "Radikale Minimalisten ct 2023 issue 07 page 67ff73 Feature-Phones with Messenger". www.ct.de. c't. 11 March 2023. Archived from the original on 11 March 2023. Retrieved 11 March 2023.
  12. ^ "Eco Dect Green Home". GigaSet. Archived from the original on 2016-12-14. Retrieved 2017-01-21.

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