A German Augmented Reality Solutions Developer Signs Acquisition
Atlas Copco has acquired Extend3D. The company has 16 employees. It was founded in 2010, and is based in Munich, Germany. In 2022, the company had revenues of approximately 3 MEUR (32 MSEK*).
Extend3D GmbH develops and produces augmented reality systems including 3D video and laser projectors, supporting manufacturing processes in Industry 4.0. The company has customers mainly within the automotive, large transportation, aerospace and general industry.
“This acquisition will enhance our offering in process and quality control by leveraging a diverse portfolio of augmented reality products designed specifically for assembly operations with high complexity and high demand on quality,” said Henrik Elmin, Business Area President, Industrial Technique.
The purchase price is not disclosed.
The acquired business becomes part of the Motor Vehicle Industry Division within the Industrial Technique Business area.
