Reverse IPO: Pyramid goes public

Contact

Pyramid Computer GmbH
Boetzinger Strasse 60
79111 Freiburg, Germany

Pyramid stays Pyramid – but with more power.

Freiburg, Germany, 03th November 2020 – Pyramid Computer, as one of the leading manufacturers of specialized IT systems, is represented in numerous fast-growing markets. This growth perspective is represented by the increasing demand for automation solutions and contactless interaction with technological innovations like ordering, paying or travelling in this globalized world.

Since we are focused on achieving our growth targets and continue with our internationalization, to stay on the current course is not enough: we have to accelerate it! For this reason, mic AG has acquired Pyramid under the condition precedent of full financing.

With the listed mic AG, Pyramid has a partner for quickly and easily financing investments via the stock exchange. Flexibility is an important factor, especially in the IT industry, in order to be more competitive and fully realize our great ambitions. Pyramid stays Pyramid, but with more power: contracts remain valid and previous contact persons stay the same.

The operational management will now completely be handed over to the new management under Josef Schneider, who himself is also a shareholder. The existing shareholders continue to hold significant shares of the company.

With this decision, we create clarity and perspectives for customers, partners and suppliers.

About Pyramid Computer

Pyramid Computer is a leading developer and manufacturer of IT solutions for the retail & hospitality market. The company hardware solutions include interactive kiosks, network & security server as well as computer vision systems.
Pyramid Computer, founded in 1985, is today the #1 manufacturer worldwide of self-ordering kiosks for restaurants – over 40.000 kiosks were shipped to the well-known global enterprises.
Customer proximity, flexibility and modularity combined with innovation guarantee minimum time-to-market and best in class solutions for the fast-growing market of digitalized marketplaces.
More than 130 employees are based at the headquarters in Freiburg and our production and logistics facility near Erfurt.
Pyramid Computer has been certified according to DIN EN ISO9001 since 1997 and is regularly and successfully audited by large industrial customers.