SAGEMCOM

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Sagemcom
simplified joint-stock company (Société par actions simplifiée)
IndustryTelecommunication
FoundedRueil-Malmaison, France (2009)
Headquarters,
Area served
Worldwide
ProductsSet-top boxes, multi-gigabit gateways, smart meters
Revenue2 bn EUR (FY 2018)
OwnerCharterhouse Capital Partners and Sagemcom Employees
Number of employees
4,000 (FY 2018)
Websitesagemcom.com

SAGEMCOM is a French company and European leader in the market for high value-added communicating terminals (set-top boxes, multi-gigabit gateways, smart meters, etc.). In 2018, the group had a turnover of more than 2 billion euros and 4,000 employees in more than 40 countries. More than 35 million terminals are designed, manufactured and delivered worldwide by Sagemcom in 2017; the company is 30% owned by its employees, more than 50% of whom are shareholders, and 70% by Charterhouse Capital Partners LLP. The group is managed by a management team whose members have been at the head of Sagemcom since the company left the Safran group in 2008.

Sagemcom's head office is located in Rueil-Malmaison (92), where there is also an R&D centre with more than 500 dedicated employees; every year, SAGEMCOM Group invests several million euros in R&D.

History[edit]

Sagem Communication was the original name for what is now SAGEMCOM (Although still called "Sagem Communication" at times), it was part of the SAGEM, a major French company involved in defence electronics, consumer electronics and communication systems.

In 2008, following an LMBO transaction, Safran sold Sagem Communications to The Gores Group: the group is mainly owned by the investment fund and its employees. In July 2009, Sagem Communications acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of Arques Industries AG and Siemens AG. In 2010, Sagem Communications became Sagemcom and the Group is structured into three main subsidiaries: Sagemcom Documents, Sagemcom Broadband and Sagemcom Energy & Telecom. In the same year, the urban road systems, with traffic lights and controllers activities, were sold to Aximum (Colas Group). In February 2011, Sagemcom announced a partnership project between its Customer Service subsidiary TR2S and Cordon Electronics, a French group specialized in the repair of communication products. By the end of this process (July 2012), Cordon took over 100% of TR2S On this occasion, the previous shareholders (The Gores Group, CIC, Club Sagem) withdrew In October 2012, Sagemcom continues its expansion by making a key acquisition in the energy sector with the Dr Neuhaus - Froschl group, the German leader in data management and metering software. In 2017, Sagemcom strengthens its position in the energy sector with the acquisition of Meter Italia. In 2018, the Group acquired a 20% stake in the start-up Otodo, which specializes in smart homes.

Activities[edit]

The Sagemcom Group, is active in more than 40 countries through sixty entities (Canada, USA, Mexico, Chile, Argentina, Brazil...), operates in three major markets: broadband, smart city and Internet of Things (IoT).

References[edit]

Sagemcom 2019 - https://www.sagemcom.com

External links[edit]