Heidelberg Instruments Mikrotechnik has acquired the Fraunhofer spinout for an undisclosed sum.
Multiphoton Optics (MPO), a Germany-based lithography technology spinout of Fraunhofer Society’s Institute for Silicate Research, has been acquired by nanofabrication tools producer Heidelberg Instruments Mikrotechnik (HIMT).
Financial terms have not been disclosed. MPO will now operate as a wholly-owned subsidiary of the corporate.
Founded in 2013, MPO has developed maskless 3D lithography technology that allows the fabrication of complex structure in a single process step.
MPO secured an undisclosed amount of series A financing in December 2015 from Fraunhofer Society’s investment fund Fraunhofer Technologie-Transfer Fonds (FTTF), Sack & Kiesselbach, High-Tech Gründerfonds, Bayern Kapital and assorted angel investors.
Jörg Wamser, managing partner at FTTF, said: “MPO was our third fund investment. It is great that the company’s success story continues with the strong partner HIMT and I am grateful that the FTTF was able to accompany part of this journey.
“For me, MPO is an excellent…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
