Achim, Germany, December 2020 – ficonTEC Service GmbH, a leading global supplier of highly automated production machine systems for photonic device assembly and test, has entered into and implemented a structured investment agreement with RoboTechnik Intelligent Technology.
Struck with a strong ‘think global, act local’ cord, the investment is intended to provide agile financial resources for ficonTEC as a whole to aggressively pursue a strengthening of their global market position, as well as set a plan into action to realize at least a doubling of overall revenue in a short period of time. Immediate consequences of the investment include a pro-active expansion of ficonTEC’s business operations across a number of high-growth, integrated photonic-enabled application sectors in all significant technology regions, such as those found in Europe, the US and Asia.
Firstly, at regional level within Europe, this has already expedited during 2020 an increase of space, resources and manpower for R&D, Production and Sales. Secondly, a dedicated Sales & Support team is currently being established in the USA, including creation of well-connected Application Labs at a major US research location, and which combined illustrate ficonTEC’s strong commitment to a larger commercial and corporate footprint for this region.
In parallel to these developments, ficonTEC China (ficonTEC Service GmbH (Shanghai) Co., Ltd.) can additionally pursue a more autonomous path in developing IP and machine systems tailored to the particular demands of the markets they serve.