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JENOPTIK Acquires Majority of Jena-Optronik

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JENA, Germany, Dec. 25 -- JENOPTIK Laser, Optik, Systeme GmbH has expanded its sensor technology capacities, acquiring a majority of Jena-Optronik GmbH as of Jan. 1, 2003. Jena-Optronik primarily develops and produces optical and optoelectronic sensors for aerospace applications. ASTRIUM GmbH and JENOPTIK Laser, Optik, Systeme GmbH -- joint owners of Jena-Optronik -- said they will shift the proportion of their respective stakes in the company. Pending the approval of the antitrust authorities, ASTRIUM GmbH will reduce its share in the Jena-Optronik from 51 to 25 percent while JENOPTIK Laser,...Read full article

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    Published: December 2002
    industrialNews & FeaturesSensors & Detectors

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