Edmund Optics Announces Equity Investment in ITOS GmbH
BARRINGTON, NJ — Edmund Optics (EO), a provider of optical components, anounced an equity investment in ITOS GmbH in Mainz. Further details of the agreement remain confidential.
ITOS-Gesellschaft für Technische Optik mbH, has manufactured optical components, including filters, polarizers and display components since 1993 and will now operate as a subsidiary of Edmund Optics. With a current workforce of about 20 employees and more than 700 customers, ITOS represents a successful and strategic addition to Edmund Optics' manufacturing portfolio. The ITOS product offering will be expanded and added to the Edmund Optics catalog, exposing them to a much wider market globally. At the same time, the investment strengthens Edmund Optics' presence in Europe and sets a starting point for offering manufacturing capabilities within the region underlining Edmund Optics' commitment to European customers.