Nanogate Acquires Stake in TactoTek
Expansion into Smart Surfaces Market
Nanogate SE, Göttelborn, Germany, a global specialist for design-oriented high-tech surfaces and components, will in future also integrate electronics expertise in innovative plastic surfaces. To this end Nanogate agreed on extensive cooperation with the Finnish technology startup TactoTek Inc. and has invested in the specialist for injection molded structural electronics. Nanogate is already expecting initial projects for Integrated Smart Surfaces in 2018.
According to Ralf Zastrau, CEO Nanogate, the company would like to help shape the coming revolution in the market for surfaces. The integration of electronic functions into product surfaces, together with multifunctional properties, will allow completely new design and operating concepts for devices of all kinds in the future. The design of interfaces between human and machine will be one of the mega-trends in product development in the coming years.
Finnish growth company TactoTek, established in 2011, is a leading provider in the area of injection molded structural electronics (3D) and is specialized in the integration of printed circuits and electronic components in injection molding plastics. Nanogate is acquiring a stake of around 4.5 % in TactoTek Inc. for a low single-digit million amount and is signing an extensive cooperation agreement. “TactoTek is a good partner to join in opening up the lucrative market for Smart Surfaces even faster. Both design and development know-how and capacities will be shared as part of the comprehensive collaboration," says Zastrau.
Interactive buttons transform Smart Surfaces into a new user experience with a revolutionary design. Here, electronics, multifunctionality and high-quality design are combined into high-performance surfaces. This allows the development of entirely new kinds of operating concepts for devices of all types. New solutions in the area of structural electronics and multifunctionality are currently one of the most important drivers in product development. Experts estimate that the market volume will increase to around USD 80 billion by 2027.
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