mic AG secures an Investor for Aifotec GmbH
Munich. 02.10.2008. The publicly traded, Munich based early-stage technology Investment Firm mic AG has been successful in securing the bm|t beteiligungsmanagement thüringen gmbh as an investor for one of its Meiningen based portfolio companies, the Aifotec GmbH.
The bm|t beteiligungsmanagement thüringen gmbh has entered into a contract with Aifotec GmbH. Aifotec GmbH, based in Meiningen,Thuringia, supplies Next Generation Photonic Components that are developed on their unique Hybrid Integration Technology (HIT) to clients active in the Automotive, Tele-& Data Communications, Military markets. mic AG will continue to be the majority interest holder in Aifotec GmbH following the investment.
„Mit dem Einstieg der bm|t gmbh gewinnen wir zusätzliche Mittel, um die exzellenten Marktchancen der Aifotec beim Ausbau des Information Highway zu nutzen“, sagt Claus-Georg Müller, CEO der mic AG und Mitgeschäftsführer der Aifotec GmbH. Der Gesellschaft fließt durch den Einstieg des neuen Investors 1 Mio. Euro frisches Kapital zu, welches neben dem internationalen Ausbau von Sales & Marketing für die Erweiterung der Produktionskapazitäten und technologische Weiterentwicklungen verwendet werden soll.
“With the entrance of bm|t gmbh we have access to additional funds that will help Aifotec accelerate their growth and development of the Information Highway and make best use of the excellent market potential”, said Claus-Georg Müller, CEO of mic AG and one of the managing directors at Aifotec GmbH. The new investor brings in 1 Mio. of new capital which Aifotec GmbH will use to expand its production of the current products as well as, build out sales and marketing channels, and continue its next-generation product development.
The investment in Aifotec GmbH represents the second venture capital investment that bm|t beteiligungsmanagement thüringen gmbh has made in a mic AG portfolio. Earlier this year, the venture capital firm obtained equity holding in FiSec GmbH, a firm specializing in real-time fiber optic network monitoring solutions that provide effective protection against tampering. “We have been observing the potential that Aifotec offers for quite some time. With the investment we want to take advantage of Aifotec’s exceptional technology and achieve key milestones for the company’s current and future products in order to secure a leading position in the data communication market”, announced Dr. Guido Bohnenkamp, CEO of the bm|t beteiligungsmanagement thüringen gmbh.
About mic AG
mic AG is a publicly traded company listed in the Entry Standard of the German Stock Exchange. The principal strategy of mic AG is to invest in the early stages of technology firms and provide these firms with a multi-faceted suite of services: financial, administrative, legal, consulting, sales and marketing. The portfolio companies benefit from market maturity and positioning of mic AG and its established management applications. mic AG is active in the Microsystems, Communication/Fiberoptics and Medicine Technology sectors. Since the admission to the Stock Exchange in 2006, mic AG has successfully sold 3 portfolio companies and currently holds 11 subsidiaries in its portfolio.
Contact
mic AG
Andrea Brück
+49 (0) 89 286738–112
+49 (0)89 286738–110
www.mic-ag.eu