Zeiss announced it will acquire Saxonia Systems, an individual software solutions company. Zeiss previously owned a 25 percent stake in the company.
Terms of the deal were not disclosed.
With this acquisition, Zeiss is systematically expanding its software competence and securing the expertise and resources of Saxonia Systems for the realization of strategically important digital projects, according to a company news release. The joint projects include cloud-based solutions in the field of medical technology.
“As the world’s leading technology enterprise operating in the fields of optics and optoelectronics, this acquisition strengthens our expertise in digital product development and agile management principles,” Dr. Ludwin Monz, member of the Zeiss Group Executive Board responsible for the Medical Technology segment, said in a company news release. “In addition, we are improving our understanding of customer needs in relation to digital applications. Saxonia Systems will continue to grow as a powerful unit of Zeiss and expand our software development capabilities.”
In addition, Zeiss will establish an innovation hub in Dresden similar to the one in Karlsruhe, with the goal of strengthening networking with local research and science, in particular the TU Dresden.
The founders of Saxonia Systems, Viola Klein and Andreas Mönch, are remaining on board and will accompany the integration in 2020.
“Zeiss brings a high degree of job security, high stability and new technological perspectives to our team as an excellently positioned company,” Mr. Mönch said. “Furthermore, Zeiss has a strong brand and an excellent reputation.”
The integration is expected to be completed in 2020. Saxonia Systems will then operate under the Zeiss brand, but will continue to develop existing customer relationships alongside Zeiss projects. At the six Saxonia Systems sites in Germany, the responsible executives will remain in their functions and the business will continue unchanged. All 235 permanent employees will continue in their positions.
The acquisition will take effect with the approval of the German Federal Cartel Office, which is expected in February 2020.