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.