CHERRY Announces the Acquisition of Vienna-Based Hardware and Software Producer Theobroma Systems
CHERRY announces the acquisition of Theobroma Systems Design and Consulting GmbH.
FREMONT, CA: CHERRY is a leading global manufacturer of computer input devices and switches for mechanical keyboards, announced today the acquisition of Theobroma Systems Design and Consulting GmbH, an Austrian-based developer and trusted embedded systems manufacturer. These support different industrial applications in the field of IoT and Industry 4.0. With this acquisition, CHERRY is explicitly expanding its development and production magnitude in the security sector.
Both companies already have a long-standing development partnership with a prime focus on security computer input devices. The acquisition provides CHERRY with access to Theobroma Systems’ comprehensive expertise in embedded Linux software development and the production facilities across the product development process. The newly acquired development skills will at first be used at CHERRY in the security areas. It is planned that CHERRY’s complete portfolio will benefit from the expanded expertise in the medium term.
CHERRY is, therefore, increasing its existing capacities for the development of embedded industrial systems and reliable IT systems. The initial focus will be on the development activities, especially hardware development and engineering for Android, Linux, and RTOS (Real-time Operating Systems).
“The acquisition of Theobroma Systems is an important impulse for us in the areas of engineering and development,” said Rolf Unterberger, CHERRY’s Chief Executive Officer. “We see this as an important step to further expand our technology leadership for modern and secure input devices. This is also a further milestone on our expansion course, which has received a decisive boost from our new majority shareholder Argand Partners. The market is in motion, and customer expectations of our products are constantly changing. With the expanded software expertise in our own company, we are ideally positioned to meet these challenges promptly and precisely.”
“Combining Theobroma Systems technology portfolio with the resources and the strong market presence of CHERRY will allow us to finally harness the full potential of the platforms and technologies we have developed since the start of our journey,” states Dr. Philipp Tomsich, Theobroma Systems Chief Technology Officer, and Founder.