Jenoptik buys Otto, Ovitec to strengthen metrology business
source:LFW
release:Nick
Time:2018-09-06
Otto Vision Technology and Ovitec, sister companies of one another, also specialize in complex imaging systems for applications in part dimensioning, surface inspection, and position detection. Their main customers come primarily from the automotive, stamping, and glass industries, as well as from the machine and equipment engineering sector. Both companies together employ 32 personnel, with forecast revenue for fiscal-year 2018 around 8 million euros.
Reinhard and Gunter Otto, brothers and founders of the two companies, will continue to work as managing directors.
Order Frenzy: Laser Earnings Reveal 10B+ Backlogs — Who Wins?
AI Compute Land Grab: What 30 Laser Earnings Reports Reveal
Action-Cam Pioneer's Optical Pivot? GoPro to Sell Itself to Optics Firm for $285M
Wuhan Team "Grows"Next-Gen Photovoltaic Film to Let Solar Panels Harvest More Sunlight
Vietnam Plant + Europe Upgrade: Laser Leader Deepens Global Push
Yang Gaojie, Rationalite Photonics: 3D Optical Computing to Break AI's Compute Wall
Kingfit's Jin Songqing: Powering the Laser Industry Chain with Advanced Cooling Technology
Laserion: Breaking Ultrafast Laser Bottlenecks to Industrialize Homegrown High-End Sources
XTRI-tech's Yao Caihong: Building High-End Manufacturing
Glitterin Tech's Three Photonic Pillars: Building the Optical Backbone of the AI Era