Boosting its Light & Optics division, Jenoptik acquires Trioptics

July 2, 2020
The two companies’ combined expertise in optics and industrial imaging will enable them to further expand their technological knowledge and gain market share.

Jenoptik (Jena, Germany) has acquired 100% of the shares in Trioptics (Wedel, Germany), a supplier of test equipment and manufacturing systems for optical components and sensors. The transaction, which will strengthen Jenoptik's Light & Optics division, will be completed in two steps: first, the company will take over 75% of the shares, with the remaining shares to follow after fulfilling defined success criteria by the end of 2021.  

Trioptics has over 400 employees worldwide, around 100 of which are in research and development. The company has a very strong presence in European and Asian markets with their own subsidiaries, and generates more than half of its revenue in Asia. Trioptics' CEO Eugen Dumitrescu and CTO Stefan Krey will continue to work in their positions for the company under the Jenoptik umbrella. 

The two companies’ combined expertise in optics and industrial imaging will enable them to further expand their technological knowledge and gain market share in, for example, the growing markets for new virtual- and augmented-reality applications in both the industrial and consumer segments. In the automotive industry, the expanded portfolio for manufacturing precision optical components and systems offers considerable potential, particularly in view of the growing importance of driver assistance systems and new mobility concepts in the field of autonomous driving, for which improved image and data acquisition is essential. 

With the strong presence and established access to key Trioptics customers in Asia, Jenoptik can expand its existing market shares in strategic markets such as China, Japan, and Korea. In addition, the Group is strengthening its position in California and Florida, and will be able to offer a greater range of products and services to major American customers in the digital and communication area. The acquisition will create significant economies of scale in the core markets, thus strengthening its business model.  

Closing of the transaction is expected in the third quarter of 2020. 

For more information, please visit jenoptik.com and trioptics.com

Source: Jenoptik press release – July 2, 2020

About the Author

LFW Staff

Published since 1965, Laser Focus World—a brand and magazine for engineers, researchers, scientists, and technical professionals—provides comprehensive global coverage of optoelectronic technologies, applications, and markets. With 80,000+ qualified print subscribers in print and over a half-million annual visitors to our online content, we are the go-to source to access decision makers and stay in-the-know.

Sponsored Recommendations

Request a quote: Micro 3D Printed Part or microArch micro-precision 3D printers

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

How to Tune Servo Systems: The Basics

April 10, 2024
Learn how to tune a servo system using frequency-based tools to meet system specifications by watching our webinar!

Precision Motion Control for Sample Manipulation in Ultra-High Resolution Tomography

April 10, 2024
Learn the critical items that designers and engineers must consider when attempting to achieve reliable ultra-high resolution tomography results here!

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!