Süss to Sell MicroOptics Division

Süss MicroTec signed an agreement last week for the sale of their Swiss subsidiary SüssMicroOptics to Focuslight Investment Management, a subsidiary of Shanghai-based Focuslight Technologies. The €75m transaction is expected to be complete in the first quarter of 2024, subject to pendingapprovals. It will include the acquisition of all shares of Süss MicroOptics and the…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.