Sagem

Sagem
legal form	Société Anonyme
founding	1924
resolution	2005
Reason for dissolution	fusion
Seat	Paris
Number of employees	14,675 (2003)
sales	3.18 billion euros (2003)
Branch	telecommunications
Website	www.sagem.com

The Sagem (Fr .: Société d'Applications Générales Électriques et Mécaniques ) was founded in 1924, French public company since 2005, part of Safran 's group. The company's portfolio included cell phones , entertainment electronics , military electronics and biometric security systems.

According to its own information, the company had 14,675 employees and a turnover of 3.18 billion euros in 2003, of which 1.08 billion euros came from the mobile phone division. In France , Sagem was the market leader among cell phone manufacturers, in Germany among the top five and worldwide among the top ten.

In May 2005 the French engine manufacturer Snecma and the Sagem Group merged to form Safran , headquartered in Paris . After the merger, Safran increasingly specializes in defense and security technology; the mobile communications and networks business areas were managed separately under the name Sagem Communication . From August 2007, the company spun off the mobile phone segment under the name Sagem Wireless . In January 2008 the majority of Sagem Communication was sold to the American Gores Group and in August 2008 Sagem Wireless was sold to the French financial group Sofinnova . In 2009 Sagem Communication was renamed Sagemcom . At the end of 2009, Sagemcom had around 6,000 employees and generated sales of 1.185 billion euros in the four corporate divisions Energy & Telecom , Documents , Broadband & Residential Terminals and Digital Set-Top-Boxes . All companies, except Sagemcom, now have the name Safran in their company logo.

Web links

Commons : Sagem - collection of images, videos and audio files

48.84 2.2738888888889Coordinates: 48 ° 50 ′ 24 ″ N , 2 ° 16 ′ 26 ″ E