Konica Minolta strives to grow its sensing business by providing a diverse range of high value-added products and solutions for the growing ICT and automotive fields, building on its strengths in measuring light, colour and appearance.
The company enters the hyperspectral imaging (HSI) sector – a key technology for visualizing the invisible – by acquiring the Finnish company Specim, Spectral Imaging Oy Ltd., the leading player in the HSI market.
Konica Minolta benefits from high-precision hyperspectral imaging technology, know-how and customer base by acquiring Specim, the market leader HSI, and brings its deployment to the industrial market of recycling, food sorting and remote sensing.
Based on its optical technological skills acquired in the context of the photo business, Konica Minolta provides high-precision measurement products and solutions to the field of light, color and surface vision measurement, thus contributing to the high-quality realization of products manufactured by customers. In addition to expanding the foundations of its Sensing business, Konica Minolta aims to transcend human vision in the areas of safety, security and environmental science as a growth strategy to provide new sustainable customer values and solve social challenges. HSI is one of the key technologies to achieve the company's growth strategies.
As the leading company in the HSI industry, Specim offers a range of products that covers a wide range of measurement wavelengths, from visible to far infrared, with portable, online and airborne uses.
Specim has a wide variety of customers in the fields of recycling, food and pharmaceuticals, often focused on sorting machines. In addition, Specim has developed the SpecimONE platform that facilitates and accelerates the integration of hyperspectral imaging technology into sorting machines, with the aim of further expanding the HSI business within industrial applications.
The share purchase agreement was signed on 19 November 2020 and closed in mid-December 2020, subject to approval by the authorities.
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