Joachim Herz Foundation, an organization supporting innovative, application-oriented research at the intersection of business, engineering, natural sciences, and medicine, completed the acquisition of a 20% stake in Weidmüller, a provider of products, solutions, and services for Smart Industrial Connectivity and the Industrial Internet of Things. "Our foundation promotes applied research projects and specifically invests in technology companies. Weidmüller is a globally well-positioned company that sets standards with its products and innovations. We see great potential in this investment," Ulrich Müller, Joachim Herz Foundation CEO.