Search for content, post, videos

Prevas acquires BitSim NOW

Prevas has signed an agreement for the acquisition of 100 percent of BitSim NOW AB, a subsidiary of Vironova.

BitSim NOW is a consulting firm in Stockholm with 35 employees focusing on innovative product development. Examples of areas of strength are digital cameras, image processing and vision technology as well as FPGA circuit development. Customers are in segments such as medtech, defense and telecom, where performance and reliability are essential.

“The divestment of BitSIM NOW AB to Prevas is another step in refining Vironova AB’s business strategy with an increased focus on growth in our transmission electron microscopy service related business,” says Mats Persson, Chairman of the Board Vironova. “At the same time, it is extremely gratifying to see all employees within BitSim NOW to be incorporated into such an innovative and mature company that combines innovative technology with business development enabling sustainable and holistic growth.”

The acquisition of 100 percent of BitSim NOW AB was finalized on 1 May 2022.

Photo: iStock