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Gigaset Communications
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.
History
Gigaset Communications was established on 1 October 2008, when, 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. Subsequently, the firm became controlled by the Goldin Group (>70%), being controlled by the Hong Kong businessman and entrepreneur Pan Sutong. 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. In January 2024 it was announced that Gigaset and its assets would be acquired by VTech; that transaction was completed three months later.
Products and services
Gigaset creates numerous products for home and small office use: 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. 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.
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