InTest Expands Automation Capabilities with Videology Acquisition
Test and manufacturing solutions supplier inTest Corp. has acquired Videology Imaging Solutions Inc. and Videology Imaging Solutions Europe BV in a $12 million deal. InTest adds Videology’s OEM digital streaming and image capturing solutions to its portfolio, solutions that support applications in the automotive, defense and aerospace, industrial, life sciences, semiconductor, and telecommunications markets.
Videology designs industrial-grade circuit board-mounted video digital cameras. Its systems and software are used in surveillance, law enforcement, machine vision, and diagnostic imaging. The company is headquartered in Greenville, R.I., with a facility in Eindhoven, Netherlands. The company generates more than 70% of its revenue in the life sciences and security markets.
Carol Ethier, Videology founder and CEO, will assist with the transition, according to a press release. The Videology business will be incorporated into inTest’s thermal segment.
https://www.photonics.com/Buyers_Guide/Videology_Industrial-Grade_Cameras/c15747
https://www.photonics.com/Buyers_Guide/Videology_Imaging_Solutions_Europe/c18687