Atlas Copco has acquired Extend3D GmbH, a company that develops and produces augmented reality worker guidance for industry customers, using laser and video projection.
Founded in 2010, Extend3D GmbH is based in Munich, Germany.
Extend3D GmbH develops and produces augmented reality systems including 3D video and laser projectors, supporting manufacturing processes in Industry 4.0, Atlas wrote in a statement.
The company has customers mainly within automotive, large transportation, aerospace and general industry, the statement noted.
Commenting on the development, Henrik Elmin, Business Area President, Industrial Technique, said, “This acquisition will enhance our offering in process and quality control by leveraging a diverse portfolio of augmented reality products designed specifically for assembly operations with high complexity and high demand on quality.”
The acquisition
Atlas hasn’t disclosed the price of the acquisition but said that the acquired business becomes part of the motor vehicle industry division within the Industrial Technique Business area.
In a statement posted on its website Extend3D GmbH said that joining forces with Atlas Copco offers enormous potential for the integration of these systems and technologies in terms of lean and ergonomic tools driven by integrated digitalised data processes for the benefit of customers worldwide.
“It is the joint vision of Atlas Copco and EXTEND3D that such integrated digital solutions will become increasingly indispensable for any demanding manual process in industry,”Extend3D said.