Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Sole Source Capital to Merge Peak-Ryzex and Optical Phusion

Facebook Twitter LinkedIn Email
Industrial-focused private equity firm Sole Source Capital acquired Peak-Ryzex from Keystone Capital and Optical Phusion from its founders. The two companies — providers of automatic identification, data capture, and factory automation solutions — will be merged and led by Peak-Ryzex CEO Juliann Larimer, CFO Michele Adams, and Optical Phusion President Tony Rivers. Terms of the transaction were not disclosed.

Peak-Ryzex’s machine vision integration solution supports factory and industrial applications including pallet scanning, printing and labeling, automated pick-and-pack sorting, categorization, and tracking. Detection and safety and inspection solutions from Optical Phusion, including sensors (hardware) and software lines, support additional machine vision and machine learning applications.

Additionally, Peak-Ryzex is a reseller of barcoding, data collection, and factory automation equipment. Optical Phusion software solutions serve the grocery, pharmacy, and retail end markets.

Vision-Spectra.com
Apr 2021
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.
Businessmergermergersmergers & acquisitionsacquisitionsPeak-RyzexOptical Phusionlasersautomationidentificationidentification systemsAmericasmachine visionSoftwarebin picking

Comments
news
  • Dover Acquires CDS Visual
  • Jenoptik Adds Sales Manager
  • SICK Breaks Ground for North American Headquarters
  • ABB to Acquire ASTI Mobile Robotics Group
Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.