High-Tech Gruenderfonds, Mountain Super Angel and Beteiligungsmanagement Thueringen have successfully sold VisuMotion GmbH to a strategic partner
February 24, 2010
The 3D company VisuMotion GmbH, Jena, has been completely sold to 3D International Sd. Bhd., Kuala Lumpur/ Malaysia. One of the major shareholders of the buyer is the Malaysian Venture Capital firm MAVCAP, a wholly government owned investment company.
VisuMotion is a supplier of universal 3D-display infrastructure and is independent of any hardware provider. As such VisuMotion develops and sells specialized software and hardware for 3D visualization.
“The take-over of 3D International enables VisuMotion to make a big leap in its business development. In particular, it will accelerate the company in achieving its strategic target to become engaged in international partnerships and to enter the Asian markets”, states Ingo Drexler, Delegated Member of the Board of Mountain Super Angel AG. After the founding of the company in 2006, VisuMotion was financed primarily by Venture Capital firms, such as High-Tech-Gruenderfonds, Beteiligungsmanagement Thueringen (bm-t), Mountain Super Angel AG, PET fonds and TI fonds Thuringia. For these VC firms and funds, this sale of the company was a successful exit. The parties agreed to maintain silence about the details of the transaction The transaction has been advised by Oertel Scheller.
„We are very pleased to show our investors with the sale of VisuMotion not only significant exits but also substantial gains”, says Dr. Alex v. Frankenberg, CEO of of High-Tech Gruenderfonds. “With 3D International we have gained a strategic partner, which will boost the already very positive growth of the operational business of VisuMotion”, amends Klaus Lehmann, Senior Investment Manager of High-Tech Gruenderfonds.
Dr. Markus Klippstein, CEO of VisuMotion states: “Together with our highly committed and involved investors that gave us the needed financial capabilities VisuMotion has grown into one of the leading suppliers of 3D visualization technology with international visibility which led to this pleasant take-over.
VisuMotion is a supplier of universal 3D-display infrastructure and is independent of any hardware provider. As such VisuMotion develops and sells specialized software and hardware for 3D visualization. Amongst other applications, its technology is used for 3D-cameras and animation of virtual environments and video games, such as World of Warcraft. VisuMotion is able to provide professional solutions for 3D visualization which do not require the viewer to wear any type of glasses.
Dr. Markus Klippstein
Phone: +49 3641 698670
Fax: +49 3641 6986799
About Mountain Super Angel AG:
Mountain Super Angel AG is a public Swiss investment company based in St.Gallen. The corporation was initiated by the Mountain Partners Group and draws upon the group‘s widespread network. The company considers itself as an ‘institutional investor with business angel character‘. Thus, Mountain Super Angel AG invests in companies and in return offers market expertise and management-know-how to support growth potential. The investment focus is on technology-driven markets with a high growth potential – primarily in German speaking countries. The equity is mainly invested into early-stage financing, restructuring and pre-IPO transactions. Mountain Super Angel AG shares are traded under 4MS (ISIN:CH0033050961) on the Open Market of the Frankfurt Stock Exchange.
About High-Tech Gruenderfonds:
The High-Tech Gruenderfonds invests venture capital into young and innovative technology companies which turn promising new research results entrepreneurially into new businesses. With the help of seed financing from up to 500,000 Euro the start-up companies should lead their R&D projects to the point of an appropriation of a prototype and a “proof of concept” or even to the market launch. The High-Tech Gruenderfonds has a fund volume of about 272m Euro. Investors of the public-private partnership are the Federal Ministry for Economics and Technology, the KfW banking group as well as the six industrial groups BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler and Carl Zeiss.
High-Tech Gruenderfonds Management GmbH
Phone: +49 228 96568500
Fax: +49 228 96568550