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GSI Starts 2014 with Acquisition, Sale

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GSI Group has made moves so far this year that executives say fall in line with future strategic goals, including its recent acquisition of Jadak, a provider of optical data collection and machine vision technologies for medical OEMs, for $93.5 million. GSI anticipates that the acquisition will ultimately increase its 2014 gross annual revenue.

GSI also sold its scientific lasers business, Continuum, for $7.5 million to an unspecified buyer. Continuum, based in San Jose, Calif., specializes in YAG lasers, optical parametric oscillators and amplifiers, dye lasers, and diode-pumped and ultrafast systems.

For more information, visit: www.gsig.com.


Published: March 2014
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...
AmericasBusinessCaliforniaCEOcontinuumGSI GroupindustrialJadakJohn Roushmachine visionMassachusettsOEMOpticsrevenueoptical data collectionLasers

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