NFON AG (XTRA:NFN) will look for acquisitions. Hans Szymanski Chief Executive Officer and Chief Financial Officer said, ”Let me also answer your third question looking at M&A activities. You know that the inorganic growth is integral part of our 5 pillar strategy. It is the fifth pillar. We will continue to grow also inorganically. So we are constantly with a small department that we have created for this proposal. We are constantly searching the market and having talks and discussions with potential targets to find out if there is something that would fit to NFON. And this is not only a question of price and of products, you know that, this is also a question of does the team fit to our culture. And we prefer to take some time here to be cautious here to be very sure then that the potential target fits them to all of our needs, culture, price, product portfolio, technical infrastructure and so on and so on. So I cannot tell you if we will do that in the second half year. What I can tell you is that it is a continuing part of our strategy, and that we will, for sure, do further acquisitions in the future”.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.
NFON AG 
