VTech acquires Snom Technology - ToyNews

VTech acquires Snom Technology

Snom Technology is a leading brand of professional and enterprise Voice over Internet Protocol telephones.
Author:
Publish date:
vtech.gif

VTech has completed its acquisition of Snom Technology.

Snom Technology, based in Berlin, Germany, is a leading brand of professional and enterprise VoIP (Voice over Internet Protocol) telephones.

"VoIP is the future of business communication and the industry is now transitioning to a cloud-based Unified Communications environment," said C.H. Tong, president of VTech Telecommunications Limited.

"As a pioneer in this field, Snom is constantly developing new and advanced IP technology solutions to meet the needs of businesses worldwide. The main synergies of the acquisition will be in hardware and software development, expanded market channels in VoIP telephony, and improvement in operational efficiency."

Related

VTech acquires LeapFrog for $72m

"The acquisition will allow us to offer the broadest portfolio of products that enhance the education and development of children,” said Allan Wong, VTech’s chief executive officer.

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.