SH-listed Tztek Technology has agreed to acquire German MueTec Automated Microscopy and Messtechnik GmbH for €18 million ($20.2 million) while robot mop and vacuum cleaner Yunjing (Narwal) Intelligence Technology (Dongguan) has secured a Series C round of financing led by Sequoia Capital China.
Tztek to acquire German MueTec for $20.2m
SH-listed intelligent manufacturing device provider Tztek Technology Co., Ltd is acquiring German MueTec Automated Microscopy and Messtechnik GmbH for €18 million ($20.2 million), according to a filing with the Shanghai Stock Exchange.