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TKH Group Adds to TKH Vision Portfolio with Euresys Acquisition

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TKH Group has reached an agreement to acquire Euresys Group, a developer of hardware and software for 2D and 3D image analysis, video capture, and processing. Terms of the deal were not disclosed. 

Euresys’ main markets are computer vision, machine vision, factory automation, and medical imaging. The company’s offerings also include frame grabbers, IP cores, and custom products. 

According to Alexander van der Lof, CEO of TKH Group, Euresys’ technology complements TKH’s existing machine vision technologies and adds software expertise and interface technologies to the group’s portfolio. TKH Group operates the TKH Vision brand, which includes Allied Vision, Chromasens, LMI Technologies, NET, Tattile, and SVS-Vistek. TKH Group additionally acquired Nerian Vision and Mikrotron (via SVS-Vistek) in separate deals last year.

Euresys is based in Liège, Belgium, with operations in Germany, the U.S., Japan, Singapore, and China. 
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Published: May 2023
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...
computer vision
Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training algorithms...
frame grabber
Image processing peripheral that converts video images from cameras into digital format and transfers these digital images to PCs.
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