Konica Minolta Buys Instrument Systems
1/31/2013 5:56 PM
The optics business unit of Konica Minolta recently bought Instrument Systems, the lighting, LED, and displays metrology company, for an undisclosed sum.
The German-based Instrument Systems, which employs 99 people and has R&D, production, and sales facilities in Munich and Berlin, will become part of the Konica Minolta Optics operation – though it will retain its own brand following the merger.
“The Konica Minolta Group expects to create greater synergies between the light source measurement business and the equipment and component business for the next-generation lighting, including OLED,” said a representative from the Japanese firm in a statement announcing the deal.
Included in the sale is Instrument Systems’ own subsidiary, Optronik Berlin. Existing president and CEO Richard Distl will remain with the company. Distl started Instrument Systems 26 years ago.
Toshihiko Karasaki, the president of Konica Minolta Optics, stated,“Our goal is to have a leading global position in all our corporate divisions and to integrate international talent within our group. Instrument Systems is the best company in LED lighting measurement to consistently implement this strategy. Together, we now cover all segments of display and light-source measurement and we are positioned as number one in this area.”