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HBM announces that it has acquired FiberSensing - Sistemas Avancados from Monitorizacao S.A. (FiberSensing), one of the leading providers of essential physical size measurement and control systems based on FBG (fibre Bragg networks) technology. The amount of the transaction was not disclosed.
"The acquisition of FiberSensing follows HBM's strategy to add key technologies to the benefit of its existing customers while enabling HBM's sales and marketing team to reach new customer segments," said HBM's Chief Executive Officer Andreas Hullhorst, "The acquisition of FiberSensing follows the strategy of adding key technologies to the benefit of its existing customers." FiberSensing becomes HBM FiberSensing SA, centre of excellence for HBM's global optical sector.
"FibreSensing's range of sensors and interrogators, as well as its optical expertise, are a perfect complement to HBM's measurement and testing applications, particularly in the field of hazardous environments or with very high deformations or electromagnetic interference. This will allow us to meet the needs of customers, both in purely optical and hybrid solutions. We are more than satisfied that this team of optical specialists will soon be part of HBM. »
"FiberSensing has a large team and we believe that its integration with HBM will enable the company to reach its full potential, supported by HBM's presence around the world," said Dr. José da Franca, CEO of Portugal Ventures, fiberSensing's majority shareholder. "This acquisition is a sign of a multinational's confidence in the engineering capabilities and innovation talent that exists in Portugal. We hope that this will be a catalyst to make Portugal an attractive hub for international investments in technology start-ups. We wish HBM and FiberSensing every success in the international journey that these two companies are now undertaking together."
Find out more: www.hbm.fr
