The company was formed in 2008 through the Institute for Machine Tools and Industrial Management (iwb) of the Technische Universität München. During the early phase of the company's development starting in 2009, the two founders Dr.-Ing Ulrich Munzert and Dr.-Ing. Wolfgang Vogl where funded by the "Förderprogramm zum leichteren Übergang in eine Gründerexistenz (FLÜGGE)" (a program by the State of Bavaria to support people founding new companies). In the years since then, the company was able to relatively quickly establish its control system solutions around the world at leading manufacturers in the automotive industry and other manufacturing industries.
During the visit, the Minister informed himself about the experiences of the founders and learned about ways in which the framework conditions for young technology companies in Munich could still be improved. Last but not least, he was able to gain an impression of the positive developments in the company over the last five years and see the robotic welding systems in operation in the in-house laser laboratory.