Kawasaki, Japan and Princeton, New Jersey – Following the establishment of a technology and product-centric alliance between measurement solutions provider Mitutoyo Corp. of Japan has closed the sale of an equity round in which it acquired a majority stake of TAG Optics’ shares.
TAG Optics Inc. is a start-up company headquartered in Princeton, New Jersey, with the goal of transitioning technology originally developed at Princeton University from a laboratory device to a commercial product. TAG Optics is the developer of fast, variable focusing lenses.
Originally announced in February, the framework agreement between the two companies has, among other on-going joint technological projects, lead to the development of a new TAG Lens with the ability to be mass produced by Mitutoyo.
This relationship further solidifies the partnership between the two companies and enables TAG Optics to contribute to Mitutoyo’s business from a technological perspective, while continuing to enter new markets in biological, inspection, biometric, and machine vision applications. The company plans to focus developmental efforts on creating a new line of imaging systems based on its ground-breaking technology, which has the ability to be customized for the end user.
TAG Optics’ latest products will be on display at the Technology and Innovation Center in Mitutoyo America Corp.’s booth (E-5215) during the International Manufacturing & Technology Show (IMTS) at McCormick Place in Chicago, taking place Sept. 12-17. IMTS attendees will get the chance to experience a prototype TAG-Enabled Inspection Microscope based on Mitutoyo’s Video Microscope Unit (VMU), in addition to a high-speed Z-inspection system for part inspection and analysis.
Source: Mitutoyo Corp.
No more results found. TAG Optics Inc. is a start-up company headquartered in Princeton, New Jersey, with the goal of transitioning technology originally developed at Princeton University from a laboratory device to a commercial product. TAG Optics is the developer of fast, variable focusing lenses.
Originally announced in February, the framework agreement between the two companies has, among other on-going joint technological projects, lead to the development of a new TAG Lens with the ability to be mass produced by Mitutoyo.
This relationship further solidifies the partnership between the two companies and enables TAG Optics to contribute to Mitutoyo’s business from a technological perspective, while continuing to enter new markets in biological, inspection, biometric, and machine vision applications. The company plans to focus developmental efforts on creating a new line of imaging systems based on its ground-breaking technology, which has the ability to be customized for the end user.
TAG Optics’ latest products will be on display at the Technology and Innovation Center in Mitutoyo America Corp.’s booth (E-5215) during the International Manufacturing & Technology Show (IMTS) at McCormick Place in Chicago, taking place Sept. 12-17. IMTS attendees will get the chance to experience a prototype TAG-Enabled Inspection Microscope based on Mitutoyo’s Video Microscope Unit (VMU), in addition to a high-speed Z-inspection system for part inspection and analysis.
Source: Mitutoyo Corp.