Quiss is based near Munich in Germany. The company had revenues of approximately MEUR 8.5 (MSEK 86) in 2017 and 45 employees. Quiss’ core competence is image processing, algorithms, as well as system design including hardware and software. The products are mainly used for quality inspection of adhesive dispensing applications within the automotive industry.
"The increased competence in vision systems for robot guidance and quality inspections will allow us to provide even more customer value in the world of automation", said Henrik Elmin, Business Area President Industrial Technique.
The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. The acquired business will become part of Atlas Copco’s Industrial Assembly Solutions division in the Industrial Technique business area.
