Jenoptik is expanding its activities in the optoelectronic sensors area through an acquisition
Optical Systems division strengthened
As of December 31, 2007 JENOPTIK AG (ISIN DE0006229107) purchased 100 percent of the shares in Epigap Optoelektronik GmbH, strengthening its Optical Systems division. The Berlin-based company specializes in the development and manufacture of photodiodes (selective spectral responsitivity in the spectral range from 150 nm to 2600 nm), LED (Light Emitting Diodes) chips and components as well as optoelectronic modules and elements of sensor systems. The outstanding feature of photodiodes is their very high temperature stability. They can be designed with great precision for specific light wavelengths (high spectral selectivity). These properties are achieved thanks to specialist material and process know-how in wafer and chip manufacture, enabling Epigap to manufacture custom-designed photodiodes. The diodes are primarily used in the automotive industry, medical technology, defense and security industry as well as lighting technology. Epigap was founded in 1995 and today employs just under 50 personnel who generated sales in the mid single-figure million euro range in 2007. Epigap's previous shareholders were the management as well as venture capital and financial investors.
Acquisition supports the rapid expansion of the optoelectronic business. Unique combination of comprehensive expertise in optics and semiconductor know-how.
The acquisition complements Jenoptik Polymer Systems based in Triptis (Thuringia) (Optical Systems division), one of the leading providers of polymer optics and optoelectronic systems. In this field Jenoptik possesses expertise in the manufacture not only of plastic optics but also increasingly complex optoelectronic modules and systems. To this end the Group had recently invested heavily in assembly and packaging technology in order to expand the existing process chain by adding an important technology stage. Jenoptik supplies plastic optics, modules and systems to leading manufacturers in the medical technology, sensor systems, automotive and lighting industries. Whilst Epigap will benefit from Jenoptik's international presence, particularly in North America, as well as from strategic partnerships, Jenoptik will gain access to Epigap's product, technology and manufacturing know-how. Together, the LED and PD chips which are developed and manufactured to client specifications, will now be further processed into optical systems and marketed worldwide.
The acquisition of Epigap provides for the unique combination of comprehensive expertise in optics and semiconductor know-how. In this area Jenoptik is continuing to complete the technology chain under one roof on a consistent basis. The result is the creation of, high-quality, custom-designed sensors and optoelectronic modules for a wide range of applications. The areas of use in which Jenoptik aims to capture market shares in future mainly include medical technology, particularly for home diagnostics as well as minimal-invasive surgery, lighting applications, such as for example in aviation, as well as the machine construction and automation industry.
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