NEW YORK, Feb. 1 - Bruker AXS and Incoatec have created a joint venture to research, develop, and produce X-ray optics, Bruker said on Friday.
Under the terms of the JV, Bruker will hold a 51 percent stake in Incoatec, a spinoff of GKSS, a materials research center based in Germany. GKSS will license its relevant patents to Incoatec.
Bruker AXS will exclusively market the Incoatec products worldwide, and will provide capital and R&D resources "to optimize the use of these optics in the field of X-ray instrumentation," Bruker, of Madison, Wis., said in a statement.
Financial details of the JV were not disclosed.
The deal "further enhances our already broad in-house technology portfolio, and allows us to drive development of next-generation optics technologies for our life science and materials science systems," said Martin Haase, president and CEO of Bruker AXS.
"We are very pleased to see our long-standing R&D collaboration [with GKSS] now result in the commercialization of high-intensity X-ray optics which will improve the performance of our products even further," said Haase.