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Template for HA Research Notes - ISRA VISION AG

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<strong>ISRA</strong> Vision<br />

Primarily, these are the automobile industry, machine tool manufacturers,<br />

plant and system manufacturers and the original equipment manufacturer<br />

(OEM) markets. Robot Vision and Quality Vision products are mainly<br />

offered in this segment, but also other technologies like surface inspection<br />

is offered.<br />

Industrial Automation – automotive wheel assembly<br />

Source: company data<br />

Company history<br />

Foundation of <strong>ISRA</strong><br />

Systemtechnik GmbH<br />

at the Technical<br />

University of the City<br />

of Darmstadt,<br />

Germany.<br />

2001-<br />

1985 1988 1996 1997 2000<br />

2007 2008<br />

2006-<br />

The first system <strong>for</strong><br />

automotive<br />

development<br />

obtained the Hessian<br />

Innovation Award.<br />

<strong>ISRA</strong> supervised<br />

TEXAUGE, a<br />

commercial and<br />

scientific project <strong>for</strong><br />

fast surface and<br />

texture inspection.<br />

Source: Company data, Hauck & Aufhäuser<br />

Customers<br />

Enis Ersü, CEO,<br />

carried out a spin-off<br />

and founded the<br />

<strong>ISRA</strong> <strong>VISION</strong> GmbH.<br />

After the creation of<br />

<strong>ISRA</strong> <strong>VISION</strong> <strong>AG</strong>, the<br />

company went public.<br />

Volkswagen achieved<br />

equipment <strong>for</strong> the<br />

Transparent Factory.<br />

Several acquisitions,<br />

joint-ventures and cooperations<br />

were<br />

placed. Long-term<br />

contractual agreements<br />

were signed.<br />

Due to the various and diversified application areas of the product portfolio, a<br />

broad variety of industries are supplied by <strong>ISRA</strong> Vision.<br />

Industries<br />

<strong>ISRA</strong> <strong>VISION</strong> was<br />

awarded as one of<br />

the TOP 100 most<br />

innovative German<br />

SMEs.<br />

Expansion to Brasilia,<br />

India and Spain.<br />

Today, <strong>ISRA</strong> <strong>VISION</strong><br />

is represented in 13<br />

countries like Japan,<br />

USA, China, UK,<br />

France and others.<br />

Automotive Solar & Photovoltaic Metal Packing Paper,<br />

Specialty Paper<br />

Glass Film & Foils Nonwovens Plastics Print<br />

Source: Company data; Hauck & Aufhäuser<br />

The customer list includes mainly globally producing, blue-chip industrials<br />

including Daimler, VW, Ford, GM, Nissan, Hyundai, Renault, Saint-Gobain,<br />

NSG Group, Pilkington, Asahi Glass, Schott, SolarWorld, WürthSolar, Q.Cells,<br />

Solarwatt, Epcos, aleo, First Solar, JFE, Nippon Steel, Bao Steel, posco, riva,<br />

Corus, ThyssenKrupp, ArcelorMittal, ChinaSteel, Constantia Packaging, MAN,<br />

UPM, M-real, Kimberly-Clark, StoraEnso, International Paper, manroland, Du<br />

Pont, Bayer.<br />

Regional split<br />

<strong>ISRA</strong> Vision <strong>AG</strong> is headquartered in Darmstadt, Germany and represented by<br />

its international subsidiaries and offices worldwide. Due to the early<br />

international expansions, such as <strong>ISRA</strong> Vision, Lansing, Michigan/ USA or<br />

22 Hauck & Aufhäuser Institutional <strong>Research</strong>

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