Product category:
Vision and Colour Sensors
News Release from: Oxford Sensor Technology
Edited by the Engineeringtalk Editorial
Team on 05 September 2003
Schneider Electric Ventures invests in
Oxford
Schneider Electric Ventures has become a significant minority major investor in Oxford Sensor Technology.
Schneider Electric Ventures, a venture capital fund fully sponsored by Schneider Electric, has become a significant minority major investor in Oxford Sensor Technology (OST) The funding will be used as part of Oxford Sensor Technology's planned expansion programme and for the development of new sensor technology and applications, which will reach the market early next year
The investment has also given Oxford Sensor Technology opportunities to share information with access to Schneider Electric's large international sales force, increasing consumer awareness of OST products.
A substantial increase in sales has been predicted.
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