Dimenco Management Acquires Controlling Stake

The new structure will accelerate Dimenco's growth targets by securing the innovative performance driven culture and get direct access to the capital market.

Online PR News – 19-April-2019 – Veldhoven – VELDHOVEN, THE NETHERLANDS -- -- Management at Dimenco, a pioneer in immersive display technologies, that recently launched its Simulated Reality development kit at CES in Las Vegas, acquired a controlling stake from their former parent company KDX.

KDX based in Zhangjiagang, China, a high-volume roll-to-roll manufacturer of complex optical structures acquired Dimenco in 2015. The main objective of the acquisition was to implement a high volume supply chain of Dimenco's switchable lenticular 3D lens technology. Late 2017 the facility was fully up and running and last year both teams optimized the manufacturing process and yields. Maarten Tobias, CEO of Dimenco, said: "We would like to thank KDX for their trust and support in bringing the company to where it is today and congratulate them with the realization of an impressive high-volume supply chain, making our technology accessible to everyone." KDX will remain an important strategic supply chain partner and minority shareholder.

Dimenco Simulated Reality technology enables developers to create virtual worlds and stunning immersive experiences that interact by way of volumetric visuals, spatial sound and mid-air gesture. Now we can Interact with objects in a virtual environment without the need of headwear or wearables. "Simulated Reality requires a dedicated R&D out-of-the-box mentality to create unbelievable experiences by the brightest minds of the world. In the new structure we can continue to execute our strategy and at the same time attract capital to accelerate our growth ambitions. We will share more information about this soon" said Maarten Tobias. Key-customers and strategic partners have contributed greatly to the management buy-out, demonstrating their strong belief and commitment to the company's vision, technology and roadmap.

About Dimenco
Dimenco is creating multi-sensory immersive experiences without wearables for visualization and interactive entertainment with Simulated Reality (SR). In 2019, Dimenco launched its SR SDK that provides developers a next generation user interface and platform to create games and interactive entertainment experiences in 3D SR. Based in the Netherlands, Dimenco has origins in Royal Philips Electronics. Learn more at www.dimenco.eu.