Rohde & Schwarz is increasing its stake in German network infrastructure manufacturer company LANCOM to 100 percent.
LANCOM Systems will operate as an independent subsidiary within the group. LANCOM founder Ralf Koenzen and Co-Managing Director Stefan Herrlich will continue to run LANCOM’s business and assume additional responsibilities within the group. Ralf Koenzen will head the newly founded Networks & Cybersecurity Division at Rohde & Schwarz, which will also integrate Rohde & Schwarz Cybersecurity. Stefan Herrlich will become a member of the supervisory board of Rohde & Schwarz Cybersecurity.
“The increased commitment of Rohde & Schwarz opens up further outstanding growth opportunities for LANCOM. We will use joint innovations to open up new markets and press ahead with the internationalization of our business,” said LANCOM founder and Managing Director Ralf Koenzen.
Bosco Novak, member of Rohde & Schwarz corporate management and supervisory board member of Rohde & Schwarz Cybersecurity said, “In just a very short time, the partnership has resulted in highly exciting developments that we will benefit from even more in the future. In the age of Industry 4.0, we are also leading the way in securing networked infrastructures.”
LANCOM Systems has grown by an average of 14 percent per year (CAGR) since its founding in 2002, and 17 percent in 2017. The far above-average growth compared to the market has always been organic and profitable, supported by the company’s portfolio of WAN, LAN and WLAN solutions. LMC is the world’s first hyper-integrated network management solution for SD-WAN, SD-LAN and SD-WLAN. It gives LANCOM access to the fast-growing software defined networking (SDN) market.