SÜSS MicroTec Deals SUSS MicroOptics to Focuslight Technologies

SÜSS MicroTec SE has agreed to sell its Switzerland-based subsidiary SUSS MicroOptics SA to Focuslight (HK) Investment Management Co. Ltd., a subsidiary of Focuslight Technologies Inc. The transaction, valued at €75.5 million ($80.7 million), is expected to be completed in the first quarter of 2024. The deal spans SUSS MicroOptics’ 160 employees, the SUSS MicrOptics SA division held by SÜSS MicroTec SE, and all shares of SUSS MicroOptics and the redemption of financial debt.

“Following detailed analysis, the Management Board and Supervisory Board concluded in early 2023 that the MicroOptics division no longer fits in SUSS MicroTec’s core business due to the low synergies with our semiconductor equipment divisions,” said Burkhardt Frick, CEO of SÜSS MicroTec SE. “We are convinced that with Focuslight we have found an owner who can develop SUSS MicroOptics to its full potential.”

Focuslight Technologies develops and manufactures laser diode components and laser optics. Focuslight and SUSS MicroOptics have complementary product portfolios, SÜSS MicroTec said, and serve customers in the automotive and medical technology sectors, among others.

In the 2022 fiscal year, the MicroOptics division contributed sales of about €39.2 million to the total sales of SÜSS MicroTec. After successful closing of the sale, SÜSS MicroTec said, it expects to gain extraordinary pre-tax income in the range of around €40 million to €45 million.

Focuslight last year announced the complete corporate integration of LIMO GmbH, stemming from its acquisition of the Dortmund, Germany-based micro-optics developer and provider in 2017.

There are 447 suppliers of Optics in the Photonics Marketplace.

PFG Precision Optics - Precision Optics 12/24 MR

About Focuslight Switzerland SA

About SUSS MicroTec Inc.

About SUSS MicroTec SE

About Focuslight Technologies Inc.

About LIMO GmbH

Published: November 2023

Glossary

micro-optics: Micro-optics refers to the design, fabrication, and application of optical components and systems at a microscale level. These components are miniaturized optical elements that manipulate light at a microscopic level, providing functionalities such as focusing, collimating, splitting, and shaping light beams. Micro-optics play a crucial role in various fields, including telecommunications, imaging systems, medical devices, sensors, and consumer electronics. Key points about micro-optics: ...
semiconductor: A semiconductor is a type of material that has electrical conductivity between that of a conductor and an insulator. In other words, semiconductors have properties that are intermediate between metals (good conductors of electricity) and insulators (poor conductors of electricity). The conductivity of a semiconductor can be controlled and modified by factors such as temperature, impurities, or an applied electric field. The most common semiconductors are crystalline solids, and they are...

Browse Cameras & Imaging, Lasers, Optical Components, Test & Measurement, and more.