Focus on Europe: ALSO and Allied Telesis expand partnership

High-performance networks are the backbone of Industry 4.0 and digitisation. The Japanese technology company Allied Telesis has for 30 years been a leading manufacturer of network solutions for companies, public administrations and organisations with critical infrastructure requirements. ALSO and Allied Telesis, partners for years, are now expanding their cooperation at a European level.

Allied Telesis offers technologies that facilitate the seamless provision of audio, video and data. They include secure SD-WAN, solutions for totally autonomous networking, for self-protecting networks, for the Industrial Internet of Things (IIoT), and IP video surveillance. Key target markets are healthcare and education, intelligent building systems and security, plus technical support.

"Comprehensive, reliable and secure networking requires integrated, intelligent, high-performance network solutions that ensure seamless cross-media IT infrastructures," says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN). "Developments in recent months show how important stable and secure solutions are, especially in healthcare and education. Demand is on the increase throughout Europe. That is why ALSO and Allied Telesis are bundling their strengths in order to jointly open up new market potential across Europe."

Since the company was founded in 1987 Allied Telesis has worked to provide zero Total Cost of Ownership solutions with intelligent network tools that make networking easier for companies, public bodies, educational facilities and organisations with critical infrastructures. Christian Rannetshauser, EMEA Channel Director at Allied Telesis, notes that "with our strong network in these markets and ALSO's know-how as one of Europe's largest technology providers there are interesting synergy effects with which new projects can be implemented and new customers acquired".

Direct link to media release: https://www2.also.com/press/20200415en.pdf

Contact person ALSO Holding AG:
Manuela Rost-Hein
Head of Communications ALSO Group
Phone: +49 151 14040215
E-Mail: manuela.rost-hein@also.com

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. ALSO offer more than 660 vendors of hardware, software and IT-services access to over 110 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop. ALSO is represented in 23 European countries and generates total net sales of approximately 10.7 billion euros with around 4 000 employees in the fiscal year 2019. The principal shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at https://also.com

Droege Group
Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family- equity business model. The group carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in «special situations». With the guiding principle «execution - following the rules of art», the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). Enthusiasm for quality, innovation and speed determines the company's actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. More information: https://droege-group.com

Disclaimer
This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.