Gigaset Communications

Gigaset AG
Company typeAktiengesellschaft
FWB: GGS
ISINDE0005156004
IndustryConsumer electronics
Founded1 October 2008; 16 years ago (2008-10-01)
HeadquartersBocholt, North Rhine-Westphalia, Germany
Key people
Klaus Weßing (CEO and chairman of the executive board), Bernhard Riedel (Chairman of the supervisory board)
ProductsCordless, VoIP and corded telephones as well as Smart Home
Revenue€280 million (2018)[1]
Decrease (€8.5 million) (2018)[1]
Decrease €3.4 million (2018)[1]
Total assetsDecrease €213.1 million (2018)[1]
Number of employees
888 (2018)[1]
Parent
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 5 April 2024, VTech Holdings Limited completed its acquisition of the company.[2]

History

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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

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Gigaset creates numerous products for home and small office use:

  • Cordless phones: Specializing in DECT and Cat-iq technology, Gigaset is the European market leader and offers a wide variety of wireless phones (900MHz, 2.4GHz and DECT).
  • Smartphones: Gigaset GS160, Gigaset GS270,[9] GS290, GX290, GS3, GS4, GS5
  • Feature Phone Gigaset GL7 Flip phone with apps and internet access, WhatsApp, Facebook, YouTube, Google Assistance with speech, Google Maps, GPS, Radio FM: Headphone jack 3.5 mm, SOS function for triggering an emergency call (Call to up to 5 predefined telephone numbers), WhatsApp key, Dual nanoSIM + separate memory card slot Micro-SDHC memory card up to 128 GB, 2 MP Camera, WiFi 2,4 GHz, Bluetooth 4.2, USB-C, GSM / 2G: 850 / 900 / 1800 / 1900 MHz , UMTS / 3G : 900 / 2100 MHz, LTE / FDD / 4G: 800 / 1800 / 2100 / 2600 MHz, KaiOS 2.5.3.2 [10] [11]
  • VoIP phones: A variety of cordless (DECT) VoIP products are available. Certain products offer free calls using gigaset.net SIP network.
  • Corded phones: The company sells their analog phones by the brand "euroset".
  • Business telephony: VoIP based corded and cordless DECT/Cat-iq phones, repeaters and IP PBX solutions for small and medium-sized enterprises, sold under the "Gigaset pro" brand.
  • Smart home / security: sold under "Gigaset elements" brand. The typical system consists of a base station, motion, smoke detector, door and window sensors as well as a siren and camera. The system also offers a plug and a button that can be used to control electrical devices in the house. The devices are connected to the base-station through DECT Ultra Low Energy (DECT-ULE) and the base (a home gateway) is connected to the internet by wired LAN. The user has the ability to get notifications on his smartphone by using a dedicated app (available for Android and iOS).

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

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  1. ^ a b c d e "Annual Report 2018" (PDF). Gigaset. Archived (PDF) from the original on 31 March 2022. Retrieved 9 November 2019.
  2. ^ "VTech Completes Acquisition of Assets of Gigaset Communications GmbH". PR Newswire. Retrieved 9 April 2024.
  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 (29 May 2018). "Gigaset: Das ist das erste Smartphone aus Deutschland". DIE WELT. Archived from the original on 30 May 2018. Retrieved 30 May 2018.
  6. ^ "Annual Reports | Gigaset". www.gigaset.com. Archived from the original on 29 June 2022. Retrieved 30 May 2018.
  7. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". VTech. Retrieved 24 January 2024.
  8. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". Gigaset. Retrieved 24 January 2024.
  9. ^ "Gigaset presents new GS270 smartphone | Gigaset". Archived from the original on 1 December 2017. Retrieved 18 November 2017.
  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 14 December 2016. Retrieved 21 January 2017.
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