# HMS Networks acquires PEAK-System Technik

HMS Networks entered into a binding agreement to acquire 100% of PEAK-System Technik, a German provider of industrial communication solutions, on 9 October 2024.

- Type: Acquisition
- Announced: 2024-10-09
- Where: Darmstadt, Germany
- Status: announced
- Products: industrial communication solutions, CAN, LIN, CAN FD, Flexray, Automotive Ethernet
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [HMS Networks AB](https://endata.com/companies/56229.md) (acquirer)
- [PEAK-System Technik GmbH](https://endata.com/companies/80334.md) (target)
- [DOGAWIST-Investment GmbH](https://endata.com/companies/80335.md) (partner)

## Sources

- [industrialautomation.nl](https://industrialautomation.nl/en/news/hms-networks-acquires-peak-system-technik-and-strengthens-its-position-within-industrial-information-and-communication-technology-ict/), 2024-10-09: "This is an exciting step for HMS and our Ixxat brand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.