About MEDION
MEDION is a company based in Koln (Germany) founded in 1983 by Gerd Brachmann was acquired by Lenovo in June 2011.. MEDION offers products and services including Consumer Electronics and Telecommunications Services.
- Headquarter Koln, Germany
- Founders Gerd Brachmann
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Medion Ag
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Products & Services of MEDION
MEDION offers a comprehensive portfolio of products and services, including Consumer Electronics and Telecommunications Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Entertainment electronics and IT products are provided to meet digital market needs, focusing on user-friendly designs and quality.
Telecommunications and online services, such as voice and data flat rates, are offered alongside photo and download services.
Funding Insights of MEDION
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MEDION
MEDION has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lenovo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified servers and hardware products are offered by Lenovo.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MEDION
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MEDION
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medion Comparisons
Competitors of MEDION
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MEDION
When was MEDION founded?
MEDION was founded in 1983.
Where is MEDION located?
MEDION is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
Who is the current CEO of MEDION?
Gerd Brachmann is the current CEO of MEDION. They have also founded this company.
What does MEDION do?
MEDION was founded in 1983 in Cologne, Germany, as a manufacturer in the consumer electronics sector. A portfolio of entertainment electronics and information technology products is produced by the company. These items are marketed through targeted sales promotions, while supplementary services in telecommunications, photo processing, and online platforms are offered. Operations emphasize competitive pricing and design standards across European markets.
What products or services does MEDION offer?
MEDION offers Consumer Electronics and Telecommunications Services.
Who are MEDION's investors?
MEDION has 1 investor. Key investors include Lenovo.
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