euro adhoc: PANDATEL AG
Mergers - Acquisitions - Takeovers /
PANDATEL AG acquires 100 percent of Lightmaze Solutions AG (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Hamburg, 2004-05-28 - PANDATEL AG, a copper line and optical fiber network access and transmission specialist, acquires 100 percent of Lightmaze Solutions AG, a technologically pioneering firm offering communication solutions for the introduction of intelligent optical networks.
Lightmaze Solutions product platform complements PANDATEL AGs portfolio by contributing cost-effective high-performance modular systems. Lightmaze Solutions offers to network providers active in the storage, metro and cross-regional market segments intelligent optical network solutions with a guaranteed future.
This acquisition enables PANDATEL AG to combine its own networking technologies with the intelligent switching and multiplexer technologies of Lightmaze Solutions AG thus creating new product offerings for access, metro, storage and regional networks. Consequently, PANDATEL AG becomes a qualified universal equipment provider and emphasizes its strategy to acquire a leading position within the growth markets in the coming years and to permanently establish itself in the boom regions Eastern Europe and Asia where PANDATEL AG and Lightmaze Solutions are already present.
PANDATEL AG PANDATEL AG is one of the worlds leading providers in the market for professional fiber-optic and network technologies. Founded in 1988, it has been listed on the Frankfurt Stock Exchange since November 1999. Augusta Technologie AG is the majority shareholder of PANDATEL AG. The companys subsidiaries are located in the USA and Singapore. PANDATEL AG has opened representative offices in London, Paris and Shanghai. While production takes place centrally in Germany, sales is organized worldwide via selected distributors and system integrators from all over the world. The product portfolio of PANDATEL AG comprises multiplexers, modems and converters for data transmission via both copper lines and optical fiber as well as for combining both these technologies in single applications. To complement its product portfolio, the company offers backup systems, management, racks, housings and accessory. For this reason, PANDATEL AG provides a comprehensive portfolio that meets virtually any communication requirement. For further information about PANDATEL AG and its products please visit the following site: www.pandatel.com
Lightmaze Solutions AG Lightmaze Solutions AG develops, produces and markets active components and modules for intelligent optical networks in the Metro and Storage sectors. The company integrates the four most important components of modern networks, WDM (wavelength division multiplexing), TDM (time division multiplexing), cross connect and intelligent network management in highly modularized products. This integration offers network providers undreamt-of opportunities for network design with comparatively low administration and investment costs, and at the same time completely new means of "Return on Investment". The product platform of Lightmaze Solutions AG reduces the complexity of modern networks and introduces intelligence into previously rigid infrastructures. You will find further information about Lightmaze AG and its products in the Internet at: www.lightmaze.com
end of announcement euro adhoc 28.05.2004
Further inquiry note:
Christina Kunze
Tel.: +49 (0)40 644 14 187
Fax: +49 (0) 40-644 14 108
E-Mail: ir@pandatel.com
Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade