Belgium-based healthcare technology company Barco has acquired MTT Innovation Inc., based in Vancouver, Canada. MTT develops projection technology with capabilities in high-dynamic-range, applied imaging algorithms, advanced color science, and specialized hardware development.
Barco’s President and CEO Eric Zele says that the investment will augment the company’s expertise in the area of high dynamic range technology.
“MTT’s technology is still in a research phase and will need further de-risking and development over the years to come,” Zele says. “We welcome MTT’s team to Barco and look forward to many years of successful collaboration as applications for high dynamic range and new illumination technologies spread to end markets such as Cinema, ProAV, simulation, automotive, and virtual reality.”
For more information about the company, visit Barco.