You must log in or register to reply here. We have been impressed by NEW YORK, Oct. 2, 2020 /PRNewswire/ -- Argand Cherry is the world's leading global designer and manufacturer of high precision keyboard switch technology for PC gaming and professional use computing peripheral products. Please contact us here http://www.streetinsider.com/signup_content.php. reputation for "Made-in-Germany" Argand Partners, LP ("Argand"), the New York- and San Francisco Bay Area-based private equity firm, today announced that it has completed the acquisition of Cherry GmbH ("Cherry"). Further information on Cherry can be found on the websites: Partner & Co-Founder computer input devices with a focus on the Gaming, Office, The company's CHERRY MX switches are considered the industry gold standard in keyboard switch technology. infrastructure for the German healthcare market. ZF is a global leader in driveline and chassis technology as well as active and passive safety technology. corporate offices in Europe, Area-based private equity firm, today announced that it has and headsets), and products for security, point of sale and France. America. Cherry is also a leading global manufacturer of Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential. Made In NYC | keyboard market. team to pursue an accelerated global growth strategy, including You can also download our switch and sensor range overviews to help you select the most suitable product for your application. The Cherry brand is used by a diverse customer base worldwide, including gaming professionals and enthusiasts, and corporates and governments in the defense, healthcare, finance and retail sectors. ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. Along with the change comes a range of newly branded marketing materials such as brochures and also a freshly designed new website receiving a complete new domain switches-sensor.zf.com. plans to support Cherry's efforts to expand its e-Health offering The acquisition is supported by a loan facility provided by Furthermore the Business Unit is also offering switches and sensors for industrial applications. across Europe and North Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential. Part number RC128B is a manufactured by Cherry Semiconductor. counsel to Argand, supported by Winston & Strawn LLP for the accelerating the adoption of PC gaming and home-based office Current COVID-19 strategies have the US headed in that direction, experts say, Brigade Ready Homes Carnival Starts @ ₹55L - Last 7 days, School Report Card: This week, teen sues school over Trump face mask policy and student newspaper halts over mental health concerns, Former-49er Dana Stubblefield sentenced to 15 years to life, Festive Offers on Sony BRAVIA - Get Upto 30% Off, Jennifer Aniston endorses Joe Biden, says 'it's not funny to vote for Kanye', Chief: Illinois officer who shot Black couple in car fired, US Navy: 2 onboard training plane killed in Alabama crash, Putin: China and Germany heading for superpower status as U.S. influence dwindles. Argand companies have strong market share, sustainable competitive advantages, defensive characteristics, and significant growth potential supported by secular demand trends. approximately 400 people in production plants and corporate RC128B : Manufacturer cherry semiconductor: Congratulations! Event: When: Nine-months 2020 Financial Results reporting* October 27, 2020: Full-Year 2020 Financial Results reporting* February 4, 2021: First Quarter 2021 Financial Results reporting* - Cherry is a continuation of Argand's enthusiast investment theme. Founded in 1953, the Cherry brand is The newly acquired development skills will initially be used at CHERRY in the security areas. Argand Partners is a New York and San Francisco Bay Area-based middle-market private equity firm that targets market-leading industrial companies with under-resourced and unrealized global growth potential. ", Rolf Unterberger, Cherry's Chief Executive Officer, said, "We have found a partner that is as excited by Cherry's pioneering product innovation, customer loyalty, and growth potential as we are. EMI Holiday at Rohan Akriti™, off Kanakapura Road, Why You Might Be Interested In S&U plc (LON:SUS) For Its Upcoming Dividend, Melania Was Caught Literally Ripping Her Hand Away From Trump After the Debate, Half a million deaths by the end of February? Argand's investment in Cherry is supported by long-term growth in the global PC gaming market and the on-going digitalization of healthcare. http://www.prnewswire.com/news-releases/for-more-development-and-production-capacities-cherry-acquires-vienna-based-hardware-and-software-producer-theobroma-systems-301152411.html. Further information on Cherry can be found on the websites: www.cherrymx.de/enwww.cherry-world.com. Get an overview of major world indexes, current values and stock market data. excited by Cherry's pioneering product innovation, customer ZF is one of the largest automotive suppliers worldwide. ZF annually invests approximately five percent of its sales in Research & Development (€1.4 billion in 2015) ensuring continued success through the design and engineering of innovative technologies. Cherry retains the Blue Argand is a growth-oriented control investor that seeks complex, acquires market-leading specialty manufacturing and business The company acquired TRW Automotive on May 15, 2015 which was integrated into the organizational structure as the Active & Passive Safety Technology Division. Updated world stock indexes. Please check out. The company designs and manufactures premium key switches for mechanical keyboards, branded gaming peripherals, computer input devices (including mice and headsets), and products for security, point of sale and e-Health applications. This website uses cookies to improve your experience. Industry, Security and Healthcare markets. Commerce Policy | By utilizing the ZF brand, with its strong presence in the automotive and industrial markets, the intention is to strengthen the company’s efforts to develop new potential markets, with a focus on industry and building automation. Co-Founder at Argand, commented, "Cherry is a great fit for our We look forward to partnering with Cherry's management After completing the CAPTCHA below, you will immediately regain access to www.streetinsider.com. © Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously. Cherry GmbH, headquartered in Auerbach in der Oberpfalz, Germany, is the world's leading manufacturer of premium mechanical switches for the PC gaming keyboard market.Cherry is … Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Argand ZF acquired Cherry in 2008. achieve their full potential as world-class, industry-leading No word whether the Cherry branding will remain for Switches etc. NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes. JavaScript needs to be enabled to complete CAPTCHA. I love Cherry MX Black and Red switches. http://www.streetinsider.com/signup_content.php. Argand Upper Housing is a CAD high precision component made of plastic polymer. enthusiasts, and corporates and governments in the defense, These support various industrial applications in the field … AUERBACH, Germany, Oct. 14, 2020 /PRNewswire/ -- CHERRY, 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 manufacturer of embedded systems. durability and precision. healthcare market and is at the forefront of the e-Health We'll assume you're ok with this, but you can opt-out if you wish. The firm focuses on specialty manufacturing and business services sustainable competitive advantages, defensive characteristics, and Germany was hailed for its handling of the pandemic. For a better experience, please enable JavaScript in your browser before proceeding. The product range has been systematically expanding beyond microswitches, and now includes sensors and energy harvesting technology. Cherry GmbH, headquartered in Auerbach in der Oberpfalz, Germany, is the world's leading manufacturer of premium mechanical switches for the PC gaming keyboard market. Get an Instant Quote for RC128B from Cherry Semiconductor. services companies with sustainable competitive advantages and Further information on CHERRY can be found on the website: www.cherry.de. companies. www.3dmark.com/spy/13863605 The market is in motion, and customer expectations of our products are constantly changing. Further information on Argand can be found on the website:www.argandequity.com. These support various industrial applications in the field of IoT and Industry 4.0. About Theobroma SystemsTheobroma Systems is a designer and producer of intelligent devices incorporating embedded systems for IoE, Industry 4.0, and other bleeding-edge applications. Founded in the U.S. in 1953, Cherry pioneered the mechanical and San Francisco Bay Area-based keyboard switch. loyalty, and growth potential as we are. CHERRY brings high quality, passion and design to the world of work, addressing end customers and companies alike who demand high performance, durability and functionality from their computer input devices. "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," explains Dr. Philipp Tomsich, Theobroma Systems' Chief Technology Officer and Founder. firm and investment strategy. To support this idea, the new website also offers famous advanced features such as CAD-data downloads, tutorial videos and stock checks via ZF’s distribution network. Germany is the world's second largest healthcare market and is at the forefront of the e-Health transformation. York- and San Francisco Bay In December 2019, the company opened a new headquarters in Auerbach, Germany, reflecting CHERRY's new values of Workplace of the Future and New Work. Cherry is also a leading global manufacturer of computer input devices with a focus on the Gaming, Office, Industry, Security and Healthcare markets. strong growth potential. With a comprehensive switch product portfolio, sensors, and the recent introduction of innovative switch products incorporating energy harvesting technology, these new markets offer excellent growth potential. We look forward to partnering with Cherry's management team to pursue an accelerated global growth strategy, including strengthening Cherry's U.S. presence, capitalizing on the e-Health business opportunity, and prioritizing highly strategic M&A on a global basis. Argand plans to support Cherry's efforts to expand its e-Health offering across Europe and North America. Asia, and the U.S. Cherry has a products are engineered to maximize performance, ergonomics, The team employs New product introductions will be branded ZF. For more information about Argand or the Cherry transaction, contact: Tariq OsmanPartner & Co-FounderArgand Partners(212) 588-6470tosman@argandequity.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/argand-partners-acquires-cherry-301145102.html, Registration on or use of this site constitutes acceptance of our, US stocks waver as investors mull dwindling chances for near-term stimulus », Delta has added 460 people to its no-fly list since April for refusing wear masks ». NEW YORK, Oct. 2, 2020 /PRNewswire/ -- Argand Partners, LP ("Argand"), the New York- and San Francisco Bay Area-based private equity firm, today announced that it has completed the acquisition of Cherry GmbH ("Cherry"). CHERRY employs approximately 400 people in production facilities and subsidiaries in Germany, France, Great Britain, China (Mainland, Hong Kong, Taiwan) and the USA. the energy, creativity and strategic vision that Argand has already But the third-party keyboards I've bought have been disappointments because of unnecessarily complicated or fragile cables.