White & Case Advises Kontron on Strategic Partnership with Foxconn Subsidiary Ennoconn
White & Case LLP has advised Kontron AG on the launch of a strategic partnership with Ennoconn Corp., a subsidiary of Taiwanese Foxconn Technology Group.
German-listed Kontron is a global leader in embedded computing technology. Ennoconn is a Taiwan-based company engaged in the manufacture and sale of embedded systems and boards. The strategic partnership includes Ennoconn's acquisition of a 49 percent stake in Kontron subsidiary Kontron Canada Inc. at a price of US$ 57.3 million. The transaction is subject to customary regulatory and corporate approvals.