Ennoconn’s plan to tender offer Kontron shares and both sides’ intention to deepen collaboration remain unchanged despite Kontron boards’ recommendation to shareholders
July 10, 2026 New Taipei City
In light of Kontron’s Executive and Supervisory Boards’ recommendation for Kontron shareholders not to accept Ennoconn’s Mandatory Tender Offer (MTO) (https://www.kontron.com/en/media/news/kontron-ag-the-executive-board-and-supervisory-board-recommend-that-shareholders-do-not-accept-the-mandatory-takeover-offer-from-ennoconn-corporation?eqs=962683711), Ennoconn Chairman Steve Chu stated that Ennoconn and Kontron will still continue to deepen collaborations and the tender offer will continue to proceed, pending market conditions relative to Kontron share price.
Meanwhile, Kontron issued a statement (kontron_statement-of-eb-and-svb-on-the-enn-offer-09-jul-2026-en.pdf) that despite the Executive and Supervisory Boards’ recommendation, the company is of the view that the recommendation is separate from its expectations to deepen the strategic relationship with Ennoconn, which remains highly collaborative, constructive, and mutually beneficial, underpinned by a shared commitment to creating sustainable long-term value for all stakeholders.
Ennoconn Chairman Steve Chu concurred with Kontron that Ennoconn’s investment in Kontron is a significant long-term strategic shareholding that is expected to unlock substantial opportunities for collaboration and future value creation. Both companies see significant potential for synergies, particularly in the application fields of Physical AI. Kontron’s products, technologies, and engineering expertise are also expected to play an important role in accelerating innovation and growth in Physical AI.
Lastly, Ennoconn and Kontron remain committed to the firm partnership of “One Team, One Family”. Through “hardware-software integration and smart value addition,” both parties provide comprehensive AI + IoT integrated solutions. Kontron CEO Hannes Niederhauser has also assumed Ennoconn Group CTO role in July, and demonstrate the powerful synergies of deep integration in three major aspects:
– Technology Cooperation: Establish a shared platform to comprehensively integrate resources such as R&D, manufacturing, supply chain, IT, and talent, collaboratively design products, and build a globally competitive manufacturing system.
– Product Integration: Share global brand resources, enhance market recognition and value positioning, and deeply promote product lines to global hubs such as Asia-Pacific, Europe, and North America.
– Market Focus: Combine Kontron’s soft power in the base operating system (Kontron OS), IoT software, and 5G networking with Ennoconn’s hardware advantages in edge AI servers, robotics, and rugged industrial computers to jointly target the Physical AI technology platform.
