Jabil consolidates optics groups to focus on strategic goals
Jabil says it is branding its optics businesses as Jabil Optics to reflect an integrated approach to research, process development, and deployment.
Jabil (NYSE:JBL; St. Petersburg, FL) says it is branding its optics businesses as Jabil Optics to reflect an integrated approach to research, process development, and deployment. The move consolidates Sypro Optics (Jena, Germany), acquired from Carl Zeiss in 2006, and Kasalis (Burlington, MA), acquired in May of 2015, with the former Jabil Embedded Camera Group (ECG) under a new Jabil Optics umbrella. The company says it is capitalizing on several macro trends, notably the use of IP cameras in connected sensors, and the proliferation of feature-rich consumer electronic devices.
“The market for Jabil Optics--particularly embedded camera modules and projection systems--is very bright, thanks to continuing advances in consumer electronics and the huge potential of the Internet of Things,” said Irvin Stein, senior global business unit director, Jabil Optics. “Successful execution of projection systems in consumer electronics is just one aspect of our successful strategy. We are confident that consolidation of our optical activities under one brand will drive synergies and enable us to respond even more rapidly to customer needs and market changes.”
Albrecht Richter, site director, Jabil Optics Germany, noted, “Jabil’s early interest in projection systems and the acquisition of Sypro Optics 10 years ago exemplify our understanding of the market potential for optoelectronic design and manufacturing. As miniaturization becomes a central theme for customer innovation, we will leverage our experience and technological resources to expand this market advantage.”