7Layers Acquisition Accelerates Bureau Veritas' Development in the Wireless and Mobile Industry
HAMBURG, Germany, January 4, 2013 /PRNewswire via COMTEX/ --
Bureau Veritas is pleased to announce it has completed the acquisition of 7Layers, a specialist in wireless electronic products testing, certification and engineering solutions, headquartered in Germany.
7Layers' expertise, global coverage and established position will complement Bureau Veritas' existing presence within global brands and their supply chains.
This acquisition positions Bureau Veritas as a global leader in wireless testing, almost doubling its footprint in a fast growing market. The wireless testing market will continue to experience significant growth for years to come, especially with continued innovation in the Machine to Machine (M2M) and telecommunications sectors.
Since its foundation in 1999, 7Layers has been offering integrated solutions to mobile device manufacturers, suppliers of electronics parts as well as telecommunication network operators. The company provides testing services to assess security, reliability, functionality and interoperability of a wide range of mobile devices as well as certification and engineering services.
Headquartered in Ratingen, Germany,7Layers employs 220 highly qualified employees and has engineering centers and accredited laboratories in Germany, China, South Korea, and the United States as well as representations in Japan, Taiwan and South Europe. Its 2012 revenue is estimated at EUR24 million.
Oliver Butler, Bureau Veritas' Executive Vice President, Consumer Products, added: "I am delighted to welcome Dr.Hans-Juergen Meckelburg, the President & CEO of 7Layers, his leadership team and all the staff of the 7Layers group to Bureau Veritas. The combination of 7Layers' technology know-how coupled with our Electrical & Electronics footprint creates a world class global technical and service delivery network. Our comprehensive offering will support our clients seeking to improve time to market, and supply chain efficiency. It will also enable their products and services to meet the ever increasing demands of a smarter world."
Hans-Juergen Meckelburg, President & CEO of 7Layers added: "7Layers has been a sought after partner of the mobile industries for many years. By joining forces with Bureau Veritas, the services and products of 7Layers reach out to the growing number of industries, involved in the increased usage of wireless communication in all areas of modern life. The developments towards a smarter world with ubiquitous connectivity provide astonishing opportunities if aspects like security, safety and interoperability are sufficiently taken care of. Bureau Veritas together with 7Layers are in an ideal position to provide the necessary engineering support, testing and certification services to make these developments a success for all parties involved."
About Bureau Veritas Group
Bureau Veritas is a world leader in conformity assessment and certification services. Created in 1828, the Group has almost 60,000 employees in 940 offices and 340 laboratories located in 140 countries. Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on the Euronext Paris and belongs to the Next 20 (Compartment A, code ISIN FR 0006174348, stock symbol: BVI). http://www.bureauveritas.com
SOURCE Bureau Veritas Consumer Products Services
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