By Dominic Chopping

 

STOCKHOLM--Atlas Copco said Tuesday that it has acquired Extend3D, a company based in Munich, Germany, that develops and produces augmented reality systems.

The Swedish industrial tool maker said the acquired business has 16 employees and had revenue of around 3 million euros ($3.3 million) in 2022.

Extend3D's augmented reality systems include 3D video and laser projectors which support manufacturing processes.

The purchase price wasn't disclosed.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

July 04, 2023 03:27 ET (07:27 GMT)

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