Atlas Copco Acquires German Augmented Reality Solutions Provider
Atlas Copco has acquired Extend3D GmbH, a company that develops and produces augmented reality worker guidance for industry customers, using laser and video projection.
The company has 16 employees, was founded in 2010, and based in Munich, Germany. In 2022, the company had revenues of approximately 3 MEUR ($3.29 million).
Extend3D GmbH develops and produces augmented reality systems including 3D video and laser projectors, supporting manufacturing processes in Industry 4.0. The company has customers mainly within automotive, large transportation, aerospace and general industry.
“This acquisition will enhance our offering in process and quality control by leveraging a diverse portfolio of augmented reality products designed specifically for assembly operations with high complexity and high demand on quality,” said Henrik Elmin, Business Area President, Industrial Technique.
Extend3D optical systems simplify and optimize a wide variety of work, production, manufacturing, quality assurance and communication processes in industry. Solutions can be a key enabler for exploiting previously inaccessible optimization potential along the value chain. With WERKLICHT technology, Extend3D brings a wide range of CAD information directly to the component meeting the challenges posed by today’s complex manufacturing tasks and ever shorter product life cycles.
The purchase price was not disclosed.
The acquired business becomes part of the Motor Vehicle Industry Division within the Industrial Technique Business area of Atlas Copco.
For more information: www.atlascopco.com
