Warburg takes stake in Kontron

US private equity giant Warburg Pincus has acquired an 8.8% stake in embedded computer technology company, Kontron for an undisclosed sum.

German-based Kontron plans to use the fresh funds from the capital increase to strengthen the company’s equity and liquidity position.

The technology company supplies OEMs (original equipment manufacturers), system integrators and application providers in various market segments, such as data and telecommunications, automation, mobile computing, medical technology, military technology, aerospace, and measuring and control engineering.

Warburg Pincus currently has a portfolio of more than 100 companies and holds more than US$25bn in assets under management.