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Basler Acquires Two Distributors

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Basler AG has acquired its long-standing sales partners DATVISION and IOVIS, both based in South Korea. The acquisitions are each expected to be completed Jan. 7, 2022. The transactions expand Basler’s direct business presence in Asia.

From left, Chong Yoon Foo of Basler, Hyunki Cho of DATVISION, Kim Jonghwan of IOVIS, and Dietmar Ley of Basler. Courtesy of Basler.


From left, Chong Yoon Foo of Basler, Hyunki Cho of DATVISION, Kim Jonghwan of IOVIS, and Dietmar Ley of Basler. Courtesy of Basler.
Alexander Temme, Basler’s chief commercial officer, said the company plans to merge the two acquired companies to establish a subsidiary with more than 50 employees.


Published: December 2021
Glossary
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...
Businessmachine visioncamerasBasleracquisitionsmergers & acquisitionsmergerDATVISIONIovisexpansionSubsidiarysalesdistributordistributionKoreaSouth KoreaRepublic of KoreaAsiaAsia-Pacific

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