Latest News
TUV Rheinland Acquires Swedish Wireless Testing Lab from India´s Tech Mahindra
Friday 19 May 2017

19 May 2017 - Germany-based international testing service provider TÜV Rheinland has acquired a Lund, Sweden-based technology lab from India's Tech Mahindra to expand global wireless communication testing capabilities, the company said.
Terms of the transaction were not disclosed.
The Lund-based facility will form the home office of TÜV Rheinland's newly established subsidiary in Sweden.
The company said the acquisition allows for focus on regulatory tests, approvals and protocol tests at the Lund site, offering customers long-range wireless testing services, as well as antenna performance tests like Over The Air.
TUV said the Lund laboratory is the launching pad for TÜV Rheinland to enter the Scandinavian market.
The new facility complements TÜV Rheinland's existing facility in Pleasanton, California, bringing an end-to-end wireless testing service centre to Silicon Valley.
As a member of the LoRa Alliance, TÜV Rheinland also provides support for wireless standardisation, testing, and product certification.
It operates in specialised laboratories for wireless communication technology and IoT products across the globe, ensuring that a testing service provider is always close to manufacturers and users around the world.
The expansion of its existing testing facilities for wireless communication technologies is one of the future-oriented digitalisation topics, like cyber security and autonomous driving, on which TÜV Rheinland will be placing a stronger focus in the future.
TÜV Rheinland is an independent inspection service with 19,700 employees. Annual turnover is more than EUR 1.9bn. TÜV Rheinland inspects technical equipment, products and services, oversees projects, and helps to shape processes and information security for companies.
Details
Date Published: 19/05/2017
Target: Tech Mahindra/Lund, Sweden wireless testing lab
Country: Sweden
Sector: Telecommunications
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: Tech Mahindra
Buyer: T, ÜV Rheinland
Comment:
Terms of the deal were not disclosed

Options