The 8th of June 2016, CUDOS has invested in IN-VISION Digital Imaging Optics GmbH based in Guntramsdorf (Lower Austria). The manufacturer of high-end opto-electronical systems will be provided with both equity and management support to allow for further expansion in promising industry verticals such as 3D printing, industrial metrology or maskless lithography.
A 50% share in IN-VISION was acquired by CUDOS through a share purchase and capital increase. The founding partners, Wolfgang Pferscher and Bernhard Trenz, remain fully committed to the company as shareholders and executive directors.
Visionary technology at the highest level
“IN-VISION is an Austrian hidden champion with an enormous potential for future growth. We intend to back the company over a long term and drive its development as a technology leader”, said Alon Shklarek, founding partner and CEO of CUDOS.
The demand for highly specialised “light engines” is growing at exponential rates. Fierce competition for technology leadership has resulted in accelerated M&A activity. “IN-VISION offered an attractive oopportunity to enter this exciting industry”, Mr. Shklarek pointed out.
IN-VISION generates more than 90% of revenues through export, the major markets being European Union member states, Asia and the United States.
High-tech start-up becomes a global leader
A team around optics professional Wolfgang Pferscher founded the company in 2000 as a start-up aventure. Bernhard Trenz joined him a few years later. IN-VISION already attracted global attention by developing the first digital 4K cinema lense. Today, a staff of 60, all located in Guntramsdorf, generate revenues amounting to approx. EUR 10 mn (2016/17). Strong interest by international market players and full order books point to further growth.
“Thanks to CUDOS as our strong partner, a large set of completely new opportunities is opening up. With our strengthened equity base we are set and committed to drive innovation and technological development”, founder Wolfgang Pferscher commented.
The board of management was complemented by Michael Steiner, a CUDOS Group partner, as of 1 June to support the company along the upcoming expansion.