Atlas Copco Buys German Developer of Augmented Reality Solutions
July 04 2023 - 2:42AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Atlas Copco said Tuesday that it has acquired
Extend3D, a company based in Munich, Germany, that develops and
produces augmented reality systems.
The Swedish industrial tool maker said the acquired business has
16 employees and had revenue of around 3 million euros ($3.3
million) in 2022.
Extend3D's augmented reality systems include 3D video and laser
projectors which support manufacturing processes.
The purchase price wasn't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
July 04, 2023 03:27 ET (07:27 GMT)
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