Jenoptik: “More Light”

At the beginning of February 2018, the executive board announced the group’s “Strategy 2022”. In essence, Jenoptik will be concentrating on photonic technologies for high-growth markets and clustering its activities based on the same business models and a common understanding of markets and customers. The main focus for strategy implementation in 2018 is establishing a new organizational structure, realigning the Asian businesses, and launching a new brand for the mechatronic business. “With this and other projects, we are on our way to implement our strategy,” says president & CEO Dr. Stefan Traeger.

Jenoptik has acquired Otto Vision Technology and Ovitec, brands its mechatronics business Vincorion (Source: Jenoptik / OTTO / Ovitec)

Under the brand name Vincorion, the mechatronic business of Jenoptik will present its products and key competencies in aviation, security & defense as well as the railway industry. “As a consequence, we will able to meet the demands of our mechatronic business much better. At the same time, we are refining the profile of the Jenoptik brand for our business activities in photonics and optoelectronics,” says Traeger.

As of 2019, operational activities of Jenoptik will be concentrated in three divisions: “light & optics” (OEM business), “light & production” (industrial customers) and “light & safety” (public-sector customers). These three divisions share core competencies in photonics. This includes expertise in optics, sensors, imaging, robotics, data analysis, and human-machine interfaces. The activities of today’s defense & civil systems division that are based on mechatronic technologies will be carried out under the new, independent brand Vincorion.

“We are launching the new brand for our mechatronic business in September 2018 and thus earlier than planned, after seven months of intense work. We would like to thank our colleagues who have worked under extreme pressure on the evaluation, development and implementation,” says Dr. Stefan Stenzel, head of Jenoptik’s defense & civil systems division, which will become Vincorion as of 2019. All photonics-based business activities in this division, meaning the sensors business and Hillos GmbH – the joint venture with Hilti – will belong to the new light & optics division as of 2019.

With the 100-percent acquisition of Otto Vision Technology and Ovitec to date September 3, 2018, the Jenoptik group is expanding its position as a systems provider of production metrology and industrial image processing applications. The two sister companies specialize in optical inspection systems for quality assurance and process optimization, as well as in complex imaging systems for applications in the field of part dimensioning, surface inspection and position detection. Their main customers come primarily from the automotive, stamping and glass industries, as well as from the machine and equipment engineering sector. Both companies have headquarters in Jena and currently together employ 32 personnel, with forecast revenue for the fiscal year 2018 of around eight million euros. (Source: Jenoptik)

Link: “More Light”, Jenoptik, Jena, Germany

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