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Mitutoyo Acquires Stake in Tag Optics

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KAWASAKI, Japan, Sept. 15, 2016 — Measurement and metrology company Mitutoyo Corp. has acquired a majority stake in lens developer Tag Optics Inc. Originally announced in February, the framework agreement between the two companies has, among other on-going joint technological projects, lead to the development of a new Tag lens with the ability to be mass produced by Mitutoyo. The relationship enables Tag to contribute technology to Mitutoyo while continuing to enter new markets in biological, inspection, biometric and machine vision applications. The company plans to focus developmental efforts on creating a new line of...Read full article

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    Published: September 2016
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    BusinesslensesmetrologyTest & MeasurementOpticsImagingMitutoyo Corp.Asia-PacificTag Optics Inc.3Dmachine vision

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