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Cognex Corp. - Smart Sensor 3-24 GIF LB

Cognex Purchases UK Image Company

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NATICK, Mass., April 26 -- Cognex Corp. has acquired Image Industries, a privately held company based in Surrey, England. Cognex purchased all outstanding shares of the machine vision system manufacturer for cash and stock; specific financial terms were not disclosed. Founded in 1987, Image Industries markets its machine vision systems primarily to end users in the UK. The company described its principal product, Checker, as a compact, fully integrated vision sensor employed in the electronics, automotive, and consumer goods industries for applications such as inspecting automotive...Read full article

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    Published: April 2000
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