Realtime Technology AG (RTT AG) (Germany) - Dec 2007

unquote
01 December 2007

Tweet
Facebook
LinkedIn
Google plus
Send to

Balderton Capital has invested €7m in publicly-traded Realtime Technology AG (RTT AG), a provider of 3D visualisation technology. Furthermore, Balderton will support the company with its network and know-how. The funds will be used to support the next phase of the company’s strategic corporate development.

RTT reported average annual growth rates of 50% over the past eight years. Having become a key player in professional high-end visualisation technology, the investor is set to help build a truly global organisation and to leverage the benefits of high-end visualisation for product development and marketing/sales.

Company

Realtime Technology AG a public company traded on Open-Market Frankfurt, Xetra, Freiverkehr Stuttgart and Freiverkehr Berlin-Bremen: R1T, ISIN: DE0007012205. It is a worldwide supplier of 3D realtime visualisation technologies and services for industrial applications in the automotive, aircraft and consumer goods industries. The company supports its customers not only during the design and developing phases with regard to the virtual display of different product concepts (Virtual Prototyping), but also during the marketing and sales stages.

Customers include Adidas, Airbus, BASF, BMW, DaimlerChrysler, Demag Ergotech, Dodge, EADS, Fiat, Ford Otosan, Honda, ICON Aircraft, Inovo Design, Italdesign Giugiaro, Iveco, Jeep, Lamborghini, Magna Steyr, Maserati, Maybach, Mercedes, Opel, PATAC, Porsche, PSA, Rolls-Royce, Sagem Communication, Samsung, Scania, Schüco, Serco, Sony Ericsson, Tesco TS, Thyssen Krupp, Toyota, Volkswagen and Volvo.

The company employs 260 staff and is based in Munich. Further offices are located in Los Angeles, Detroit, Seoul, Tokyo, Paris, Brussels, Milan, Stuttgart and Hamburg.

People

Tim Bunting handled the transaction for Balderton Capital.

Sourced from: Deutsche unquote" 96 (Mar 2008)