Bic acquires AMI

AMI (formerly ISKN), a CEA-Leti spinoff founded in 2014, has been acquired by Bic—so, rather than going to the US or China, the company will remain French-held. In September, Bic snapped up the totality of AMI’s share capital, consolidating its position on what it calls the “digital expression” market. AMI is the creator of the ISKN Repaper tablet, which allows users to capture elements written or drawn on normal paper in a digital format.

Good news, too, at the local level: The startup’s 30 employees will be staying in Isère. Better still, CEO Jean-Luc Vallejo plans to hire ten to fifteen people per year in 2023 and 2024 to increase the company’s capacity to innovate new concepts. The Grenoble-based team looks set to become a major asset to Bic’s R&D activities.

Contact: contact@ami.technology

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