SMT, PCB Electronics Industry News

Mycronic Acquires RoyoTech and Kognitec

Feb 11, 2016

Mycronic AB (publ), has acquired 75 percent of RoyoTech Digitalelektronik GmbH and has an option to acquire the remaining 25 percent. At the same time Mycronic acquires 100 percent of Kognitec Vertrieb and Service GmbH. Both companies are based in Höhenkirchen, Germany.

RoyoTech develops and manufactures the SMD Tower - an intelligent storage solution of electronic components. Kognitec is distributing the SMD Tower in parallel with Mycronic to the SMT market globally.

Mycronic has marketed the SMD Tower worldwide since 2008 and is RoyoTech’s main distributor and largest customer. The storage concept was originally developed in close collaboration with German customers in 2004. Today there are approximately 1,000 SMD Towers installed at customer sites globally. The acquisition secures the rights to a strategic product already part of Mycronic’s SMT portfolio.  

RoyoTech is a private company founded in 1991, based in Höhenkirchen in Germany, and has ten employees. The founder and owner Peer Mietusch will retain 25 percent of the shares in the company and will remain CEO. RoyoTech had a turnover of EUR 3.3 million in 2014, of which the major part stems from Mycronic. Kognitec is a private company founded by Peer Mietusch in 2013 with revenue of EUR 0.650 million in 2014.

The companies will be consolidated into the Mycronic Group as of 1 January, 2016.

We are happy to have concluded these acquisitions. They represent a natural next step to deepen the collaboration with RoyoTech as we see an increasing demand for the SMD Tower from our core customers as well as from large manufacturers using assembly equipment from other suppliers”, says Robert Gothner, Senior VP and General Manager, Business Area SMT, Mycronic AB.

The SMD Tower is already well integrated into Mycronic’s intelligent material handling solution and a vital building block in the agile manufacturing solution Mycronic 4.0, that masters the complexity of modern electronics production.


Mycronic AB is a Swedish high-tech company engaged in developing, manufacturing and marketing of production solutions to the electronics industry. The products consist of mask writers for the production of photomasks and advanced surface mount technology (SMT) equipment. The mask writers are used by the world’s leading electronics companies in the manufacture of displays used in PC tablets, smart phones, TVs and computers as well as in the manufacture of semiconductors and in electronic packaging. The SMT equipment is used for stencil free jetting of solder paste and for mounting of electronic components on PCBs. The SMT equipment is used, among others, by large and small manufacturers of electronics in aerospace, automotive, aviation, medical, IT and telecom. A comprehensive aftermarket offering ensure Mycronic customers an effective electronics manufacturing. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the United States. For more information see our web site www.mycronic.com.

Oct 28, 2022 -

Interim Report January–September 2022

Jan 29, 2022 -

Mycronic to demonstrate enhanced process control solutions for flexible PCB assembly at IPC APEX EXPO

Nov 17, 2021 -

Mycronic expands MYSmart portfolio with full line coating and advanced inline dispensing solutions at Productronica

Nov 12, 2021 -

Mycronic accelerates inspection programming with new MYPro I series 3D AOI system

Oct 07, 2021 -

Mycronic to showcase enhanced process control solutions for flexible PCB assembly at Productronica

Jul 14, 2020 -

Mycronic US operations combined in new state-of-the-art facility near Boston

Mar 05, 2018 -

Mycronic and Optomec to exhibit new fine feature electronics material dispensing system at APEX

Feb 27, 2018 -

Mycronic and Optomec to exhibit new fine feature electronics material dispensing system at APEX

Nov 17, 2017 -

Mycronic and Aegis renew partnership – FactoryLogix software to be embedded with MY700

Aug 01, 2016 -

Mycronic acquires Shenzhen Axxon Automation Co.,Ltd

60 more news from Mycronic Technologies AB »

Feb 02, 2023 -

I.C.T | SMT Equipment Training Course

Jan 30, 2023 -

WPI Vision Awards Horizon Sales, PIT & Circuit Technology 'First Out of the Gate' at APEX

Jan 30, 2023 -

Full Turnkey Solutions Included in New Altus Brochure

Jan 30, 2023 -

StenTech Announces Brand Refresh during IPC APEX EXPO

Jan 30, 2023 -

Heraeus Electronics showcases new portfolio for next-generation power electronics and semiconductor advanced packaging at SEMICON Korea 2023

Jan 30, 2023 -

SCS Presents Quality Associates with Representative of the Year Award during APEX

Jan 30, 2023 -

Europlacer Freeform Feeder Wins Pick & Place Accessories NPI Award at APEX Expo 2023.

Jan 30, 2023 -

North American EMS Industry Down 2.7 Percent in December

Jan 30, 2023 -

North American PCB Industry Sales Down 1.7 Percent in December

Jan 30, 2023 -

Counterfeit Electronics & Materials Symposium Program Announced and Registration Open

See electronics manufacturing industry news »

Mycronic Acquires RoyoTech and Kognitec news release has been viewed 681 times

FPC* - Fluid Pressure Control - Dispensing Pump

Dual Lane Reflow Oven