Zeiss has concluded its acquisition of Saxonia Systems AG, a specialist for customized software solutions. The fully acquired company will now operate as Carl Zeiss Digital Innovation. The new unit will support the Zeiss segments with their digital projects and play a leading role in terms of innovation. It will also continue its existing business for customers outside of Zeiss, according to a company news release.
The use of digital technologies is a key part of the Zeiss future business strategy. With this new acquisition, Zeiss is systematically expanding its own software development know-how and also securing the expertise and development capacities of Saxonia Systems to realize digital projects of strategic significance in the whole Zeiss Group, according to Zeiss. Saxonia Systems has already been a key Zeiss software development partner for over 10 years. Joint endeavors include innovative medical technology solutions.
With the acquisition, Zeiss is further expanding its presence in Dresden. In addition to the first Zeiss Innovation Hub at KIT in Karlsruhe (Karlsruhe Institute of Technology), a second hub is set to be established adjacent to Carl Zeiss Digital Innovation and the Technical University of Dresden. The hub will act as an interface between science and research, and it will fly the Zeiss flag. It will be open to students and scientists from the Technical University of Dresden and other institutions, to new companies such as university spin-offs, and to Zeiss research groups and product development units. The intention is to support networking and the implementation of joint projects.
Carl Zeiss Digital Innovation helps its customers develop customized software solutions. The unit covers digitalization solutions, from process, technology and software architecture consultations, to requirements management, implementation, quality assurance and maintenance. In fiscal year 2018, the roughly 250 employees now working at the new unit Carl Zeiss Digital Innovation in Dresden and at five other sites in Germany generated revenues of more than 30 million euros. In fiscal year 2019, they achieved two-digit growth in both revenue and earnings.
Zeiss aims to expand its activities and employee base at Carl Zeiss Digital Innovation. This March, it will be adding a Hungarian partner unit belonging to Saxonia Systems and welcoming another 60 employees, thus raising the total headcount to over 300.