Heidelberg backs Snom Technology

Heidelberg invested via its second fund, which focuses on secondaries direct investments. It had already acquired shares in the company from previous stakeholder Beaufort Capital in July last year. Heidelberg is now the majority shareholder following a capital increase.

Beaufort invested in the company in June 2007.

The fresh funding will be put towards the development of new products, as well as international expansion.

Company
Founded in 1996, Snom develops and manufactures VoIP telephones and equipment. Headquartered in Berlin, it has additional offices in Italy, France, the UK, Taiwan and the US.

People
André Deloch is a partner at HeidelbergCapital and chairman of the board at Snom. Nadahl Shocair is the CEO of Snom.

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