Germany-based industrial conglomerate Robert Bosch’s corporate venturing unit has made its first exit with the sale of Germany-based gesture control provider Ident Technology.

US-based Microchip Technology bought Ident for a reported €30m, according to news provider VentureCapital Magazin. RBVC had first invested in September, in a round alongside VC peers MIG Funds and Danube Equity.

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?