Instrument Systems Acquires Kimsoptec
Acquisition extends core business segments of display testing and optical measurement
Instrument Systems GmbH, a German manufacturer of high-precision spectroradiometers, cameras and display and light measurement systems, has extended its core business segments Display Testing and Optical Measurement through the acquisition of a Korean manufacturer of display measurement systems.
A share purchase agreement has been signed to acquire a 100 percent shareholding in Kimsoptec, a display measurement equipment manufacturer and exclusive distributor of the Instrument Systems product portfolio in Korea since 2005.
Instrument Systems is a wholly owned subsidiary of Konica Minolta Inc., Japan. Instrument Systems has been working to augment its business in display, IR emitter and AR/VR measurement solutions in Asia for the ICT and automotive market. The company aims to develop these markets by obtaining new sales channels to existing major key accounts and new system integrators in Korea.
Instrument Systems has contributed to display and IR emitter measurement technology with innovative systems for ensuring the safety requirements for 3D sensing (e.g. identity authentication, eye tracking etc.). With its high-end portfolio of spectroradiometers and cameras, Instrument Systems is active in the field of improving the color quality of AR/VR displays, which is expected to grow in the future.
The Share Purchase Agreement was signed on July 26, 2022 and is expected to be completed at the end of August 2022.