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Cognex Acquires Vision Software Specialist SUALAB

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Cognex Corp. has acquired vision software specialist SUALAB, strengthening the company’s position within the machine learning space. The addition of SUALAB’s engineering team and intellectual property is expected to enhance Cognex’s existing deep learning capabilities based on technology acquired from ViDi Systems in April 2017.

“Deep learning enables Cognex to solve many challenging inspection applications in factories, which, until now, could only be done by large teams of human visual inspectors,” said Robert J. Willett, president and CEO of Cognex. “SUALAB’s considerable IP, engineering expertise, and extensive market coverage will help us to serve a fast-growing market, primarily in Asia. Today, tens of thousands of people perform difficult, tedious, and error-prone visual inspections for flaws and defects on electronic components and subsystems, which will be done more reliably and at lower cost in the future with deep learning-based machine vision.”

Headquartered in Seoul, South Korea, SUALAB was co-founded in 2013 by Song Kiyoung, who will join Cognex and help lead the company’s engineers specializing in the use of deep learning for industrial machine vision applications. Cognex’s products include machine vision systems, machine vision sensors, and barcode readers, which use artificial intelligence.

Vision-Spectra.com
Oct 2019
GLOSSARY
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.
artificial intelligence
The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning and problem solving.
Businessacquisitionsmachine visiondeep learningartificial intelligenceCognexsualab

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