Management buy-out creates Geensoft
Geensoft, a new, independent company, has been created by a management buy-out of the former embedded design tools business of Geensys.
The MBO creating Geensoft has been led by former Geensys executives Eliane Fourgeau, Thierry Gueguen and Marc Frouin. Marc Frouin, Geensys’ former President, will head Geensoft’s new Supervisory Board. Geensoft intends to accelerate their worldwide growth potential by capitalising on their demonstrable success.
To be headquartered in Brest (France), Geensoft will continue to operate on a global basis with R&D and sales offices in France (Paris, Brest and Nancy) along with sales offices in Germany (Munich) and Japan (Yokohama) supported by a network of distributors, value-added integrators and OEMs throughout Europe, North America and Asia.
All of the former Geensys personnel responsible for the development, sales and support of the Geensoft product portfolio and associated services have transitioned to Geensoft.
Geensoft inherits an enviable customer base amongst global companies. Automotive industry customers include PSA Peugeot Citroen, Renault, BMW, Delphi, Valeo, Autoliv, JCAE, Magneti Marelli and Denso.
Customers in the aerospace/defence arena include companies like Airbus Industrie, Boeing, EADS, SAFRAN, Raytheon, Rockwell Collins and Thales, to name a few.
Rail industry customers include RATP and SNCF, Alstom, Bombardier, Siemens Transportation, Faiveley, and in other industry sectors companies like Spie, Clemessy, EDF, Degrémont, CNR, Schneider Electric, ELA Medical and Lilly.
To be headquartered in Brest (France), Geensoft will continue to operate on a global basis with R&D and sales offices in France (Paris, Brest and Nancy) along with sales offices in Germany (Munich) and Japan (Yokohama) supported by a network of distributors, value-added integrators and OEMs throughout Europe, North America and Asia.
All of the former Geensys personnel responsible for the development, sales and support of the Geensoft product portfolio and associated services have transitioned to Geensoft.
Geensoft inherits an enviable customer base amongst global companies. Automotive industry customers include PSA Peugeot Citroen, Renault, BMW, Delphi, Valeo, Autoliv, JCAE, Magneti Marelli and Denso.
Customers in the aerospace/defence arena include companies like Airbus Industrie, Boeing, EADS, SAFRAN, Raytheon, Rockwell Collins and Thales, to name a few.
Rail industry customers include RATP and SNCF, Alstom, Bombardier, Siemens Transportation, Faiveley, and in other industry sectors companies like Spie, Clemessy, EDF, Degrémont, CNR, Schneider Electric, ELA Medical and Lilly.
Seho appoints new Technical Director
Thomas Herz is assuming the duties of Technical Director for the Selective Soldering Department at Seho Systems, effective immediately, the company announced today.
Exclusive Interview
'Europe is still a growth opportunity'
What is Europe to an independent distributor like America II? A growth opportunity of course.
Endicott partners with Eltek in Israel
Endicott Interconnect Technologies, Inc. has appointed Eltek as its sales partner for Israel.
More News
- Fabrinet Q2 net income drops 310% YOY
- TRaC expands test facilities
- Cms electronics uses Assembléon’s equipment
- Korean defense manufacturers fined for cartel
- The end for Nokia's Salo factory?
- Indian joint venture aims at hi-tech cluster
- Es-system to light Aarhus Harbour
- Incap signs solar deal
- GPV moves into medical electronics
- Balda shareholder Octavian suffers loss at court
- Teardown: Samsung cuts LTE cost in half
- Teleplan to provide After-Market Service solution for Lenovo
- Matti Paasila resigns from Cencorp's Board of Directors
- Is 2012 a recession year?
- Fineline distributes FTG
- Carcinogens found at Samsung factory
- CT Production invests in AOI technology
- Printca is bankrupt
- Mitsubishi Motors ends vehicle production in Western Europe
- RiverSide Electronics purchases new SMT equipment
- Micron CEO dies in plane crash
- Torsten Pelzer heads Viscom Sales
- Huawei opens unit in Hungary
- Rohde & Schwarz and Hameg Instruments consolidate cooperation
- Inside the Asus AMD 7970 graphics card
- AU Optronics & Idemitsu Kosan collaborate
- Kimball complete Welsh & Californian closures in 2Q
- Bosch plans new Romanian factory
- Dynamic EMS invests in test equipment
- Thales Australia axes 50 jobs
- Sales down for Benchmark in 4Q
- Viscom sells Desktop AOI to Mosca Elektronik
- De'Longhi & Bosch add staff in Romania
- Xenterio close down in Offenburg
- Mikron acquires IMA Automation Berlin
- EMS: M&A activity down in 2011
- Multitest supplies Asian high volume test site
- Carl Zeiss adds in South Korea
- Goepel and WIN-TEK partner in Italy
- LG net loss narrows on back of mobile sales






Comments
Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.