Instrument Systems verstärkt seine Kerngeschäftsfelder Display Testing und Optische Messtechnik
Instrument Systems extends its core business segments Display Testing and Optical Measurement
Aquisition of a 100% shareholding in Kimsoptec in Korea
Instrument Systems GmbH (Instrument Systems), a German manufacturer of high-precision spectroradiometers, cameras and complex display and light measurement systems, has extended its core business segments Display Testing and Optical Measurement through the acquisition of a Korean manufacturer of display measurement systems.
A share purchase agreement has been signed to acquire a 100 % shareholding in Kimsoptec Co., Ltd. (Kimsoptec), a display measurement equipment manufacturer and exclusive distributor of the Instrument Systems product portfolio in Korea since 2005.
Instrument Systems is a wholly owned subsidiary of Konica Minolta Inc., Japan (Konica Minolta). The company today announced that it has expanded its engagement in the Korean market by acquiring Kimsoptec, a technical consultant and manufacturer that has been exclusively distributing Instrument Systems’ solutions in Korea for the past 17 years. Instrument Systems has been working to augment its business in display, IR emitter and AR/VR measurement solutions in Asia for the ICT and automotive market. The company aims to develop these markets by obtaining new sales channels to existing major key accounts and new system integrators in Korea. Instrument Systems has contributed to display and IR emitter measurement technology with innovative systems for ensuring the safety requirements for 3D sensing (e.g. identity authentication, eye tracking etc.). With its high-end portfolio of spectroradiometers and cameras, Instrument Systems is active in the field of improving the color quality of AR/VR displays, which is expected to grow in the future. The Share Purchase Agreement was signed on July 26, 2022 and is expected to be completed at the end of August 2022.