Gigaset files for insolvency proceedings - continuation of operations under self-administration

The Executive Board of Gigaset AG today decided to file an application for the opening of regular insolvency proceedings for Gigaset AG and an application for the opening of insolvency proceedings in self-administration for its indirect subsidiary Gigaset Communications GmbH at the competent local court in Münster due to illiquidity. The development, production and sales activities of Europe's market leader for DECT cordless phones will continue unchanged. The aim is the sustainable...