The Board of Directors of Digizuite has decided to recommend the shareholders of Digizuite to accept a Public Tender Offer from Luxion at the offer price of DKK 8.73 per share, corresponding to an equity value of Digizuite of approximately DKK 303 million on a diluted basis.
Luxion is a company controlled by its founders and by funds managed by Gro Capital. Luxion will actively support Digizuite’s strategy to drive further value to the business while utilizing potential synergies within the combined entity to provide customers with an enhanced product offering across the product design value chain.
About Digizuite:
Digizuite is a SaaS company in Digital Asset Management software (DAM) that streamlines all digital content in one central platform. Through automated workflows and agile integrations, Digizuite removes manual workflows and streamlines the entire content value chain. Customers choose Digizuite to have control over who, where, and how corporate materials are used. It ensures brand control, risk reduction and helps to increase efficiency and revenue.
The Company has more than 65 employees split between its headquarters in Denmark and its subsidiaries in the United States, United Kingdom, Belgium, and Ukraine.
About Luxion:
Luxion is a global leader of product design rendering software. Thousands of companies around the globe use Luxion’s products for a multitude of use cases, including creating photo-real visualizations of CAD data for marketing, evaluating materials and textures ahead of production, and providing interactive product visualizations and 3D animations for stakeholders across the design lifecycle.
Founded in 2003, Luxion has offices in the US and Denmark, sales representatives in China and Germany, and a global footprint with a large portfolio of enterprise customers as well as small & medium sized companies.