Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

Zeiss expands software division with company takeover in Dresden

March 18, 2020


Abstract : The optics and electronics group Carl Zeiss has completed the acquisition of the software provider Saxonia Systems AG.

The company logo stands in front of the corporate headquarters of Carl Zeiss AG in Oberkochen, Baden-Wuerttemberg. (picture alliance / dpa)

The optics and electronics group Carl Zeiss has completed the acquisition of the software provider Saxonia Systems AG. Founded in 1990 in Dresden, the company will support Zeiss with their digital projects under the new name Carl Zeiss Digital Innovation and play a leading role in innovation, the Zeiss group announced on Monday at its headquarters in Oberkochen.

The transaction has been approved by Germany’s Federal Cartel Office, the company said, adding that the parties have agreed not to disclose the purchase price.

Zeiss acquired its first shares in Saxonia Systems in September 2018. All 235 permanent employees will continue to be employed. The annual turnover of the Dresden-based company has so far been estimated at approximately 32 million euros.

Zeiss' Jena-based medical technology division has already been working with Saxonia for 10 years. Jena is the second-largest location of the Baden-Württemberg-based group with, among others, the listed Zeiss Meditec AG and several other subsidiaries.

Zeiss also intends to establish a second innovation hub at its Dresden site in order to strengthen networking with local research institutions and academia, in particular with the Technical University of Dresden.

Zeiss employs more than 2,300 people in Jena - the company's founding location. A new Zeiss Campus is currently being built in the industrial city at a cost of around 300 million euros. All Jena subsidiaries are to have their headquarters there in the future.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: takeover Zeiss

Reading:

Economic Watch: China further eases corporate financing with registration-based bond issuance rules

China implements registration system for public issuance of corporate bonds

China implements registration-based enterprise bond issuance

As expected, Deutsche Börse saw strong growth in 2019

DBA wins tender for ICT services supply in Ljubljana (Slovenia)

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial