Post by SandStorm on Jan 10, 2007 0:33:29 GMT
Sentex Sensing Technologies, Inc. Makes Official Offer for BenQ-Siemens Germany
Monday January 8, 3:47 pm ET
CLEVELAND, Jan. 8, 2007 (PRIME NEWSWIRE) -- Sentex Sensing Technologies, Inc. (OTC BB:SNTX.OB - News) (http://www.sentextech.com), Henrik Rubinstein, President, and Bob Kendall, Chairman and Treasurer of Sentex Sensing Technologies, Inc., stated today they are making an offer to purchase BenQ Mobile GmbH & Co. OHG, Market Brand ``BenQ-Siemens.''
The previous Siemens Mobile Division filed insolvency and is under the administration of Prager Insolvency Administration Team Munich.
Sentex stated their interest is based on the strong technology of the previous Siemens R&D as well the market access in Europe which produced more than 20 million high end mobile phones in the past year to consumers. Some joint developments on the Sentex Biometric product line brought the business line to the table.
......
Monday January 8, 3:47 pm ET
CLEVELAND, Jan. 8, 2007 (PRIME NEWSWIRE) -- Sentex Sensing Technologies, Inc. (OTC BB:SNTX.OB - News) (http://www.sentextech.com), Henrik Rubinstein, President, and Bob Kendall, Chairman and Treasurer of Sentex Sensing Technologies, Inc., stated today they are making an offer to purchase BenQ Mobile GmbH & Co. OHG, Market Brand ``BenQ-Siemens.''
The previous Siemens Mobile Division filed insolvency and is under the administration of Prager Insolvency Administration Team Munich.
Sentex stated their interest is based on the strong technology of the previous Siemens R&D as well the market access in Europe which produced more than 20 million high end mobile phones in the past year to consumers. Some joint developments on the Sentex Biometric product line brought the business line to the table.
......
Source: http://biz.yahoo.com/pz/070108/111513.html
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After start of the bankruptcy proceeding in BenQ mobile it gives again hope at least for some colleagues. Presently insolvency administrator citizen of Prague negotiates, jointly with the state government of NRW with two interested parties for the locations Munich and Kamp-Lintfort.
There there is a German-American investor group to the one around the former Daimler Chrysler-IT-boss Hans-Jörg Beha, who would like to produce again mobile phone in the high price segment with 800 employed. To be sure one, whom the largest part of the salaries and wages through the states are received and that by Siemens mitfinanzierte Auffanggesellschaft, expects. That of NRW as possible 25 million Euros observed are for that to be sure too little.
The second interested party is the US technology business Sentex Sensing. To be sure there are hardly information to this offer. Well known is that one wants to rescue with this offer of 1,600 to 1,700 jobs. Sentex should control already concrete plans for new mobile phone models. To be sure probably also this offer is attached to certainly conditions. What from that must become the next days show.
There there is a German-American investor group to the one around the former Daimler Chrysler-IT-boss Hans-Jörg Beha, who would like to produce again mobile phone in the high price segment with 800 employed. To be sure one, whom the largest part of the salaries and wages through the states are received and that by Siemens mitfinanzierte Auffanggesellschaft, expects. That of NRW as possible 25 million Euros observed are for that to be sure too little.
The second interested party is the US technology business Sentex Sensing. To be sure there are hardly information to this offer. Well known is that one wants to rescue with this offer of 1,600 to 1,700 jobs. Sentex should control already concrete plans for new mobile phone models. To be sure probably also this offer is attached to certainly conditions. What from that must become the next days show.
from janielsen, csm member