German network infrastructure services provider Euromicron is acquiring SIM Secure Information Management, based in Rhineland-Palatinate, and ATEC Advanced-Technology Solution from Switzerland. The deals are part of the company’s long term strategy of expanding its production expertise in the field of high-tech security and surveillance technologies, in particular all types of optoelectronic and microelectronic products.

Euromicron is acquiring 80 percent stakes in each of the two companies, which develop tailored product and system solutions such as laser-based video surveillance systems, automatic sign recognition, mobile mesh networks, tap-proof mobile communications, and radiation-proof building infrastructures for mobile and fixed-line communication via fibre optics.

The companies generate sales in the lower double-digit million euro range. The purchase price is in the single-digit millions. The existing managing partners and company founders will continue to manage the group and remain co-shareholders with a 10 percent stake each.