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Cognex to Buy Machine Vision Business

Photonics Spectra
May 2000
In an agreement valued at up to $19 million in cash, Cognex Corp. of Natick, Mass., plans to purchase the machine vision business of Tokyo-based Komatsu Ltd. Under its terms, Cognex would acquire the rights to Komatsu's machine vision technologies and products, such as the Fapex high-speed, gray-scale machine vision system, and would hire its software and sales engineers.

machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
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