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Augusta Technologie Buys LMI

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VANCOUVER, British Columbia, Canada, May 19, 2011 — LMI Technologies, a maker of 3-D laser measurement sensors for industrial measurement and control applications, has sold 100 percent of its shares to join Augusta Technologie AG, a publicly listed German sensor and vision technology company. As a result, LMI will become part of a larger worldwide company in the field of digital imaging technologies.

Located in Munich, Germany, Augusta focuses on two market segments: sensors and vision. Within the vision segment, Augusta sells digital cameras for machine vision under the Allied Vision Technologies brand.

"LMI is a perfect fit to our vision activities and will give us access to the rapidly growing 3-D market,” said Augusta’s CEO, Amnon Harman.

Augusta's mission is to further increase its presence in existing and new growth markets — regional and product-related — within the vision industry. The innovative technology and culture offered by LMI are expected to offer access to the growing 3-D market and further regional expansion, especially into North America.

Through Augusta, LMI will expand its distribution channels for Gocator, an all-in-one 3-D measurement sensor. Additionally, LMI expects to benefit from the extensive camera technology capabilities to further develop unique 3-D systems for new and existing customers.

The CEO of LMI Technologies, Terry Arden, will retain his position following the acquisition of the company.

For more information, visit: www.augusta-ag.de  
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Published: May 2011
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...
vision
The processes in which luminous energy incident on the eye is perceived and evaluated.
3-D sensorsAmericasAmnon HarmanAugusta Technologie AGBusinesscamerasCanadaEuropeGermanyImagingindustriallaser measurement sensorsLMI Technologiesmachine visionSensors & DetectorsTerry Ardenvision

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