STEMMER IMAGING acquires stake in Perception Park, an innovative Hyperspectral Imaging (HSI) software provider

DGAP-News: STEMMER IMAGING AG / Key word(s): Investment

12.10.2018 / 08:00
The issuer is solely responsible for the content of this announcement.

STEMMER IMAGING acquires stake in Perception Park, an innovative Hyperspectral Imaging (HSI) software provider

Puchheim, 12 October 2018 - For the first time, STEMMER IMAGING is expanding its portfolio and acquires a stake in a software specialist, namely Perception Park GmbH, the Austrian provider of the data processing platform Perception System & Studio.

STEMMER IMAGING AG (ISIN DE000A2G9MZ9/WKN A2G9MZ) is consistently pursuing its expansion strategy. For example, the machine vision specialist has acquired a strategic stake in Perception Park GmbH, based in Graz, Austria. The company is consolidated retroactively from 1 October 2018.

Perception Park also operates in the field of machine vision, with the company's expertise lying in Chemical Colour Imaging (CCI) software technology. The intuitively configurable data processing platform Perception System & Studio developed by Perception Park renders complex hyperspectral data at the molecular level usable for machine vision. The key technology's applications encompass the food-processing industry, mining, the healthcare sector and the recycling sector. In comparison with traditional machine vision systems, hyperspectral systems offer a whole spectrum for each pixel instead of a monochrome or colour value. In this way, highly precise colour coordinates, chemical material properties and layer thickness information can be derived from the acquired data. Chemistry is thus rendered visible.

Customers have been benefiting from the intensified cooperation between STEMMER IMAGING and Perception Park since January 2016. After bolstering the distribution network by acquiring the Dutch Data Vision in January 2018 and the French ELVITEC S.A.S. in July 2018, STEMMER IMAGING is now investing in an innovative software provider, Perception Park, for the first time. With this investment, STEMMER IMAGING is enhancing its product portfolio with a pioneering technology of the future with high potential for growth on the market.

"We aim to implement the growth and internationalisation strategy announced in connection with the IPO as planned. For two years, we have already enjoyed cooperation with Perception Park that has been trusting and enriching in every respect. We believe that we can add an important technology to our product portfolio, leverage synergies in the future, and above all that our customers will benefit. In addition, we are strengthening our location in Graz, where we founded our wholly owned subsidiary in Austria at the start of June. This investment is therefore predominantly strategic in nature," says Lars Böhrnsen, CFO of STEMMER IMAGING AG.

The purchase price amounts to a low single-digit million amount.

STEMMER IMAGING is one of Europe's leading machine vision technology providers for science and industry. With a perfect combination of innovative products, expert advice and comprehensive service, STEMMER IMAGING helps clients solve their machine vision tasks securely with speed and ease. Experienced specialists can be contacted easily and are available to provide advice locally in 19 European countries.

Clients of STEMMER IMAGING benefit from the combination of an exceptionally wide variety of products from the world's leading manufacturers (e.g. cameras, lenses, illumination products, machine vision systems, software). Expert know-how gathered over many years help customers define the optimum, most cost-effective combination of components. The company attaches particular importance to the provision of solution-oriented services, including feasibility studies, development services, training and customer-focused support.

Lena Vitzthum
Investor Relations
Gutenbergstr. 9-13
82178 Puchheim, Germany
Tel.: +49 89 80902165

12.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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