Press Release

ZEISS expands presence in Hungary

The technology group acquires the Hungarian ETEO Software Factory Kft.

25 May 2022

Oberkochen, Germany/ Miskolc, Hungary | 25 May 2022 | ZEISS Group

With the acquisition of ETEO Software Factory Kft., a software development company based in Miskolc and Budapest (Hungary), ZEISS Digital Innovation (ZDI) is setting the course for further growth. The completely acquired Hungarian unit with over a hundred employees will operate as a subsidiary ZDI. It is planned that its team will continue to grow until the end of 2022: More than 50 new jobs are to be filled in Hungary alone. By this, ZEISS is further expanding its in-house know-how in software development.

ZDI is part of the ZEISS Digital Partners and specializes in developing customized software solutions, particularly for digitalization and cloud-based applications. The ETEO Software Factory Kft. has been closely linked and collaborated with ZDI for several years already. "The past years of successful collaboration have shown that we can work across borders and learn from each other," says Béla Farkas, Managing Director of ZDI Hungary. "Thanks to the integration of the Hungarian software specialists, the ZDI can implement the increasing number of digital projects for external customers as well as within the ZEISS Group and advance this with even greater innovative strength," adds Alfred Mönch, Managing Director of ZDI.

The use of digital technologies is a key part of the ZEISS strategy for the future. With the acquisition of the Hungarian software company, ZEISS is securing further competencies and development capacities for the realization of digital projects of strategic importance for the entire ZEISS Group. At the same time, ZEISS is expanding its presence in Hungary.

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ZEISS Digital Innovation

Press contact Sven Jänicke Communication ZEISS Digital Innovation

Press contact Béla Farkas Managing Director
ZEISS Digital Innovation Hungary

About ZEISS

ZEISS is an internationally leading technology enterprise operating in the optics and optoelectronics industries. In the previous fiscal year, the ZEISS Group generated annual revenue totaling 7.5 billion euros in its four segments Semiconductor Manufacturing Technology, Industrial Quality & Research, Medical Technology and Consumer Markets (status: 30 September 2021).

For its customers, ZEISS develops, produces, and distributes highly innovative solutions for industrial metrology and quality assurance, microscopy solutions for the life sciences and materials research, as well as medical technology solutions for diagnostics and treatment in ophthalmology and microsurgery. The name ZEISS is also synonymous with the world's leading lithography optics, which are used by the chip industry to manufacture semiconductor components. There is global demand for trendsetting ZEISS brand products such as eyeglass lenses, camera lenses and binoculars.

With a portfolio aligned with future growth areas like digitalization, healthcare and Smart Production and a strong brand, ZEISS is shaping the future of technology and constantly advancing the world of optics and related fields with its solutions. The company's significant, sustainable investments in research and development lay the foundation for the success and continued expansion of ZEISS' technology and market leadership. ZEISS invests 13% of its revenue in research and development – this high level of expenditure has a long tradition at ZEISS and is also an investment in the future.

With around 37,000 employees, ZEISS is active globally in almost 50 countries with around 30 production sites, 60 sales and service companies and 27 research and development facilities (status: 31 March 2022). Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. The Carl Zeiss Foundation, one of the largest foundations in Germany committed to the promotion of science, is the sole owner of the holding company, Carl Zeiss AG

Further information at www.zeiss.com

About ZEISS Digital Innovation (ZDI)

On behalf of its customers, ZDI develops individual, market-shaping health and manufacturing solutions. Customer projects within and outside the ZEISS Group are realized by using synergies. ZEISS Digital Innovation combines ZEISS' global expertise in the high-tech field with its many years of experience as well as industry-wide know-how in customized software development. More than 30 years of experience have been incorporated into the development of customer-specific software solutions, implemented by 450 employees at the sites in Dresden, Munich, Berlin, Leipzig, Görlitz, Miskolc (Hungary) and Budapest (Hungary). The company plans to grow to more than 700 employees in the upcoming years.

More information on ZEISS Digital Innovation at www.zeiss.com/digital-innovation

Further information at www.zeiss.com