projectiondesign has emerged as an industry leader in the creation, development, design and manufacture of high-quality projectors for specialist professional, industrial and private sector applications. The company currently has 135 employees, including in-house product testing, research & development in electronic, optical and mechanical system design, and has shown strong growth since being established in 2001.
"projectiondesign is an exciting growth company, and is an attractive opportunity for Herkules. We have been familiar with the company for some time now and believe that there are good opportunities for organic growth in all parts of the world." says partner of Herkules Capital, Tore Rynning-Nielsen. "projectiondesign's technical expertise is world class, the goal now is to expand the application areas and products and really focus on supporting and expanding their customer base."
J°rn Eriksen, president & CEO at projectiondesign adds, "We are proud to announce this change in ownership, which will fuel the acceleration of our already enviable business performance. We intend to stay sharply focused on executing the release of some of the world's most exciting market-specific display products that will continue to delight our current and new customers and partners internationally."
(Jim Evans)
