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Oh boi, your comment is nothing but uninformed propaganda. AVM is way past "home-grown" with sales of over 620 millions and a profit of 60-80 millions. The own
by 7bit 2y ago
Oh boi, your comment is nothing but uninformed propaganda.
AVM is way past "home-grown" with sales of over 620 millions and a profit of 60-80 millions. The owners have been preparing to selling AVM for a year now, to a private equity investor, which should be closed in the very near future.
And above all, AVM broke the law. But from your comment it sounds like law is a concept you do not approve much, do you?
- riedel 2y agoThe founders bought back their shares to regain control only in 2006. Now they want to retire and seem to evaluate options [1]. Guess it is far to early to judge what they will do. They seem to care about the company. Recently AVM settled their wifi patent dispute with Huawei [2], so maybe the sale becomes more likely? But I try to be optimistic that we will not have another Software AG like disaster (on a smaller scale) [3] . [1] https://www.heise.de/news/AVM-Fritzbox-Hersteller-steht-angeblich-vor-dem-Verkauf-9306078.html https://www.heise.de/news/AVM-Fritzbox-Hersteller-steht-ange... [2] https://www.juve-patent.com/cases/huawei-and-avm-settle-wifi-6-dispute-shortly-before-munich-hearing/ https://www.juve-patent.com/cases/huawei-and-avm-settle-wifi... [3] https://technologymagazine.com/articles/ibm-closes-software-ag-enterprise-tech-business-acquisition https://technologymagazine.com/articles/ibm-closes-software-...