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Jenoptik Sells Non-Optical Metrology Business to Marposs

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JENA, Germany, July 15, 2021 — Jenoptik has sold its non-optical process metrology business to Marposs, which will be taking over all Jenoptik employees at the main site in Peseux, Switzerland, as well as in Ratingen and Ludwigsburg, Germany — in total, 40 employees. In 2020, Jenoptik generated revenue of about €7 million (around $8.27 million) with process metrology for grinding machines. With the sale, Jenoptik is focusing more strongly on metrology areas in which the group is well positioned on the global market, a press release from the company stated. Jenoptik is divesting smaller, highly specialized,...Read full article

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    Published: July 2021
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    grinding
    The process in the manufacture of an optical system that gives it the required geometric shape.
    BusinessJenoptikmetrologyacquisitionmergers & acquisitionsacquisitionssalesoldMarpossEuropeGermanygrindinggrinding and polishingoptical grinding machineprecision grinding machineautomotive

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