Bechtle: Investment in AI company Planet AI

October 2, 2023. Bechtle AG acquires a 51 percent stake in the Rostock-based AI company Planet AI GmbH. The company, which is active in the field of deep learning, is a spin-off of Planet intelligent systems GmbH and has been active since 2015 with self-developed technological solutions for intelligent document analysis and process automation. The AI specialist, which has won several awards in international competitions, is a partner of research institutions and universities, but also of IT manufacturers such as IBM. Planet AI currently employs 41 people, mainly in research and development. The focus is on PlanetBrain, the AI platform developed in-house with patented core technology, on the basis of which the IDA (Intelligent Document Analysis) application was created. The AI solution is already being used in logistics, traffic monitoring, banking and insurance, healthcare and archives.

Share this Post
Bechtle AG acquires a 51 percent stake in the Rostock-based AI company Planet AI GmbH. Photo: Bechtle

Contact info

Silicon Saxony

Marketing, Kommunikation und Öffentlichkeitsarbeit

Manfred-von-Ardenne-Ring 20 F

Telefon: +49 351 8925 886

Fax: +49 351 8925 889

Contact person:

The aim of Bechtle’s majority shareholding is to combine application-oriented AI research with the sales strength of Germany’s largest IT system house. In doing so, both partners also aim to strengthen the AI ecosystem in Europe and take a leading role in future innovations. In the past fiscal year, Planet AI turned over 3.1 million euros, notwithstanding its focus on research and development.

“As an IT partner of the future, we aim to make our customers successful in the long term through future-oriented technologies,” says Michael Guschlbauer, Member of the Executive Board, IT System House & Managed Services, Bechtle AG. “With the innovative developments of Planet AI, we strengthen the central business processes of our customers through excellent AI applications.”

Management of Planet AI remains on board

The existing management team, including the founders of Planet AI, will remain in the company in a new constellation: Jesper Kleinjohann takes over as CEO, Welf Wustlich remains in the role of Chief Technology Officer (CTO) and Hagen Wustlich moves to the company’s advisory board. Brothers Hagen and Welf Wustlich have been involved with artificial neural networks for more than thirty years and founded Planet intelligent systems, which became Planet AI, back in 1992. “We know the superior quality of our developments. To accelerate our growth, we have so far lacked a partner with very broad access to the market and the capabilities to further scale our solutions. Bechtle brings both – and the will to jointly leverage the enormous benefits of AI in the world of work,” says Jesper Kleinjohann, CEO, Planet AI.

Deep Learning is Planet AI
Planet AI is considered an internationally recognized specialist in Deep Learning, a sub-field of machine learning in which the use of artificial neural networks plays an essential role. The core product is a multifunctional software platform that is significantly superior to comparable solutions in terms of accuracy and enables companies to automatically process handwritten and typed documents, receipts and texts, classify document types and extract information. Further areas of application are in the field of image and speech recognition.

The investment in Planet AI is not subject to any conditions imposed by the antitrust authorities. As usual, the parties have agreed not to disclose the purchase price. Bechtle has a call option to acquire the remaining 49 percent of the company.

– – – –

Further links


Photo: Bechtle

You may be interested in the following