ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News
Photo:

ARQIS advises VW on investment in SeeReal Technologies

Cate­gory: Deals
4. Septem­ber 2019

Munich/ Düssel­dorf — ARQIS advi­sed Volks­wa­gen AG (“VW”) on the acqui­si­tion of a mino­rity stake in SeeReal Tech­no­lo­gies, a leading tech­no­logy company based in Dres­den and Luxem­bourg. The parties have agreed not to disc­lose the amount of the investment.

The invest­ment promo­tes the Group’s access to pionee­ring augmen­ted reality in the field of future display tech­no­lo­gies in cars. The tech­no­logy makes it possi­ble, for exam­ple, for poten­tial dange­rous situa­tions in road traf­fic to be displayed three-dimen­­sio­nally in the driver’s envi­ron­ment, for “tangi­ble” displays to hang in the driver’s vici­nity instead of dash­boards, or for the person on the phone to appear as a holo­gram. Thus, through its parti­ci­pa­tion, VW secu­res important know-how to make driving even safer and more comfor­ta­ble in the future.

Dr. Axel Hein­rich, Head of Volks­wa­gen Group Inno­va­tion, says: “Augmen­ted reality is a core compo­nent of future mobi­lity and inter­ac­tion concepts. For this reason, we are rely­ing on key tech­no­lo­gies such as holo­gra­phy, which repre­sent this new reality in a fasci­na­ting way. For our part, we are brin­ging the “auto­mo­tive” requi­re­ments to this exci­ting project, and from SeeReal comes the know-how of 3‑D technology.”

SeeReal Tech­no­lo­gies is a global leader in real-time 3D (H3D) holo­gra­phic display tech­no­logy. With a team of expe­ri­en­ced experts, SeeReal designs and deve­lops next-gene­ra­­tion H3D display tech­no­logy for every plat­form, from mobile to TV to projec­tion in HMD and HUD. H3D products are licen­sed and inte­gra­ted with display compa­nies, consu­mer brands and high-end imaging compa­nies. A rese­arch coope­ra­tion between VW and the tech­no­logy company has alre­ady been in place since the end of 2018.

ARQIS has alre­ady acted for VW for the second time. Howe­ver, this is the first time ARQIS has advi­sed VW on a tran­sac­tion. The mandate goes back to lead part­ner Dr. Lars Laeger, who also worked in-house in VW’s legal depart­ment for seve­ral months as part of a secondment.

Advi­sors to Volks­wa­gen: ARQIS Rechts­an­wälte (Düsseldorf/Munich)
Dr. Lars Laeger (Lead, Corporate/M&A), Marcus Noth­hel­fer (IP/Compliance), Chris­tian Wege­ner (Tax), Dr. Ulrich Lien­hard (Real Estate), Saskia Kirsch­baum (Labor); Asso­cia­tes: Malte Grie­pen­burg (Corporate/M&A), Martin Wein­gärt­ner (Labor), Jenni­fer Huschauer (Real Estate), Sina Janke (IP)

Held Jagut­tis (Colo­gne): Dr. Simeon Held, Dr. Malte Jagut­tis (both Public Commer­cial Law/Regulation)

About ARQIS
ARQIS is an inde­pen­dent busi­ness law firm opera­ting in Germany and Japan. The firm was foun­ded in 2006 at its current offices in Düssel­dorf, Munich and Tokyo. Around 45 profes­sio­nals advise dome­stic and foreign compa­nies at the highest level on the core issues of German and Japa­nese busi­ness law. The focus is on M&A, corpo­rate law, private equity, venture capi­tal, employ­ment law, private clients, intellec­tual property, liti­ga­tion as well as real estate law and tax law.

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de