Duagon AG

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Duagon AG - overview

Established

1995

Location

Zurich, -, Switzerland

Primary Industry

Electronics

About

Duagon AG is a specialist in advanced embedded electronic hardware and software, providing consulting services for critical systems in the rail and medical sectors, ensuring high safety and reliability standards in their offerings. Founded in 1995 and headquartered in Zurich, Switzerland, Duagon AG focuses on embedded electronic solutions for railway and medical applications. The company has undergone strategic transformations, enhancing its product lines and operational capabilities to better serve its clients. The current CEOs are Markus Dilger and Michael Goldbach.


In September 2025, Knorr-Bremse AG acquired Duagon AG from Deutsche Beteiligungs. Financial terms of the transaction were not disclosed. Duagon specializes in advanced embedded electronic hardware, software, and consulting services tailored for system-critical applications within the rail and medical sectors. Its core offerings include engineering and R&D consulting for rail traffic signaling, train information, and train control management systems (TCMS).


The company develops high-performance computing and real-time communication systems, with an emphasis on rugged FPGA-based designs for electro-medical devices such as patient monitoring systems and surgical robotics. Duagon serves a diverse client base, including railway operators and medical device manufacturers across Europe and North America, ensuring compliance with the highest safety standards and operational needs. Duagon generates revenue through direct sales and consulting services, providing comprehensive lifecycle management for embedded hardware solutions. Transactions typically involve bespoke consulting agreements and the sale of modular systems for railway and medical applications.


The company engages in B2B transactions with train operators and healthcare institutions, with pricing reflective of the complexity and customization of their offerings, particularly for trademarked solutions that enhance operational safety and efficiency. Duagon AG plans to expand its product offerings, focusing on innovative solutions for both the rail and medical sectors. In September 2025, Knorr-Bremse AG acquired Duagon AG from Deutsche Beteiligungs. The acquisition will expand Duagon AG’s global reach and integrate its embedded electronics solutions into a broader platform, enabling long-term synergies and product development across rail systems.


Current Investors

Deutsche Beteiligungs

Primary Industry

Electronics

Sub Industries

Engineering, Electronic Components

Website

www.duagon.com/

Verticals

Infrastructure, IoT (Internet of Things), Manufacturing

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Duagon AG - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedDuagon AG-
Add-onCompletedMNI Technology On Rails SL-
Add-onCompletedOEM Technology Solutions Pty. Ltd.-
MergerCompletedMEN Mikro Elektronik GmbH-
BuyoutCompletedDuagon AG-

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Duagon AG - employee data

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