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2023-09-28 00:00:00
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Kontron, a notable Austrian group, has successfully acquired Altimate, a segment of the former UTI holding in Romania. Altimate is well-known for its extensive involvement in various IT and security projects in Romania, Poland, and Bulgaria.
Altimate's Projects:
Altimate has had a significant presence in the region, contributing to several major projects such as the modernization of parking at Henri Coanda Airport and the development of traffic management systems in Craiova and Pitesti. Additionally, the company has played a pivotal role in establishing info traffic centers aimed at improving urban traffic management and providing real-time traffic information to commuters.
Strengthening Kontron’s Portfolio:
This acquisition is set to augment Kontron’s existing portfolio, allowing the Austrian group to leverage Altimate’s expertise and presence in the IT services and security sector in Central and Eastern Europe. By integrating Altimate's projects and capabilities, Kontron can extend its reach and offer enhanced services to its clients in these regions, potentially creating more synergies and opportunities for innovation in IT and security solutions.
A Strategic Expansion:For Kontron, the acquisition of Altimate represents a strategic expansion into the growing markets of Romania, Poland, and Bulgaria, positioning the company to tap into the burgeoning demand for advanced IT and security services in these countries. It aligns with Kontron’s goals of broadening its footprint in the Central and Eastern European regions and capitalizing on the diverse opportunities present in these rapidly developing markets. The acquisition of Altimate by Austria's Kontron is a strategic move to reinforce Kontron's presence and services in the IT and security sectors in Central and Eastern Europe. With Altimate's proven expertise and extensive project portfolio, Kontron is well-positioned to cater to the growing demands and evolving needs of these dynamic markets, potentially leading to more innovative solutions and sustained growth in the region.
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