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iiM GmbH Joins Exaktera Family of Vision Companies

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Via its holding company Exaktera, private equity investment firm Union Park Capital has acquired iiM GmbH, a manufacturer of LEDs for machine vision applications. Terms of the deal were not announced.

(From left) iiM managing directors Heiko Freund and Peter Anacker, Exaktera CEO Cindy Ye, iiM managing director Axel Müller, and Exaktera European president Thomas Buschmann. Courtesy of iiM GmbH.
(From left) iiM managing directors Heiko Freund and Peter Anacker, Exaktera CEO Cindy Ye, iiM managing director Axel Müller, and Exaktera European president Thomas Buschmann. Courtesy of iiM GmbH.
Three companies — ProPhotonix, Advanced Illumination, and Z-Laser, already operate under the Exaktera umbrella. The holding company, founded in 2021, is dedicated to machine vision, photonic components, and subsystems and solutions. The acquisition of iiM expands Exaktera’s reach into Europe, while adding LED technologies and application expertise to its portfolio.

"This acquisition represents a significant step in our strategy to build Exaktera into the global leading manufacturer of specialty lighting components and solutions for machine vision applications,” said Cindy Ye, CEO of Exaktera.

iiM will continue to be led by Heiko Freund, Peter Anacker, and Axel Müller, who will all serve as managing directors of the company.
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Published: October 2024
Glossary
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
BusinessacquisitionsLEDsmachine visionphotonic componentsindustrialmaterials processingiiM GmbHUnion Park CapitalExakteraThe News Wire

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