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Parametric to spin off Radar Counting Systems Business into PMX Systems AG

Parametric to spin off Radar Counting Systems Business into PMX Systems AG

Freitag, Dezember 1, 2023

Strategic move allows faster development and further growth

As of January 1, 2024, the Radar Sensor Technology division of Parametric GmbH will be taken over by PMX Systems AG as part of a management buyout. This strategic decision is highly advantageous for both units given their different market focuses. It enables PMX Systems AG to develop its systems faster and more extensively, from which customers can benefit greatly.

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