HBM increases optical expertise with FiberSensing acquisition

Andreas Hllhorst, Managing Director of HBM, says: "The acquisition of FiberSensing is consistent with HBM's strategy of adding key technologies that benefit our existing customer base while enabling HBM's sales and marketing team to address new customer segments". FiberSensing will be established under the name HBM FiberSensing SA as the centre of excellence for HBM's global optical business.

Mr Hllhorst adds: "FiberSensing's range of sensors and interrogators along with their optical expertise are a perfect complement to HBM 's Test and Measurement applications, especially in areas like very high strain, electromagnetic interference and hazardous environments. This acquisition will allow us to meet customer needs in both dedicated optical and hybrid solutions. We are delighted that such a dedicated team of optical specialists are joining HBM."

Dr Luis Ferreira, CEO and co-founder of FirerSensing, says: "The FiberSensing team is proud to join HBM, a worldwide reference in the area of test and measurement. I see this new chapter in the history of our company as a great opportunity to expand the market penetration of fibre optic sensing technologies to an unparalleled level. Together, HBM and FiberSensing will be able to better serve customers at a global scale, helping them to build their own monitoring solutions using high-end instruments, sensors and software."

Professor Jos© Manuel Mendona, President of INESC Porto, emphasises "The great success achieved by capitalising on the scientific work developed over the past decade, which resulted in the founding of FiberSensing."

Dr Jos© da Franca, CEO of Portugal Ventures, the major shareholder of FiberSensing, says: "FiberSensing has a great team and we believe its integration with HBM will allow the company to realise its full potential powered by the global presence of HBM and its affiliates. This acquisition is a sign of confidence by a global leader in the engineering capabilities and innovation talent existing in Portugal, and we hope it will be a catalyst to establish Portugal as an attractive hub for international investment in technology-based start-ups. We wish HBM and FiberSensing great success in the global journey they are now undertaking together".

To learn more about the acquisition of FiberSensing please visit www.hbm.com.