Ascom divests the Systems & Solutions business unit to Axino Solutions GmbH

Dec 18, 2015

Ascom is selling the Systems & Solutions business unit to Axino Solutions GmbH. This transaction is the first results from Ascom's review of strategic options for the Network Testing Division.

The Systems & Solutions business unit, part of the Network Testing Division, is an innovative software and systems company that plans and implements comprehensive IT solution in the field of operations support systems. Customers include companies from the telecommunications, automotive, energy and retail industries, as well as public administrations. Systems & Solutions expects a revenue of around CHF 13 million for fiscal year 2015. With the sale of the Systems & Solutions business unit, Ascom will achieve a book profit in the range of lower single-digit million Swiss francs.

Axino Solutions GmbH (currently signing with the firm name "Denus Zweihundertundneunzehn Unternehmensverwaltungs GmbH") based in Aachen will take over all rights and obligations relating to Systems & Solutions from Ascom (Deutschland) GmbH and Ascom Solutions AG as of 1 January 2016. Experienced private investors, who will ensure the continuity of Systems & Solutions and the long-term development of the business, back Axino Solutions GmbH. The current Managing Director of Systems & Solutions, Michael E. Wallrath, will continue to lead the business unit under the new ownership. All 75 employees will be taken over at their existing locations in Aachen and Solothurn and transferred to Axino Solutions GmbH.

"The takeover of the Systems & Solutions business unit by Axino Solutions GmbH is an excellent solution for both companies, and takes the interests of both our customers and employees into consideration. The evaluation of strategic options for the remaining testing business belonging to the Network Testing Division continues to proceed", says Fritz Mumenthaler, CEO of Ascom.

"With the takeover by Axino Solutions GmbH we will become an even more dynamic and powerful market player, which will also make it possible for us to accelerate the global distribution of our award-winning OSS/BSS solutions and innovations", emphasizes Michael E. Wallrath, Managing Director of Systems & Solutions.


This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).