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Cognex Acquires Komatsu's Machine Vision Business

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NATICK, Mass., April 12 -- Cognex Corp. has announced the completion of its acquisition of Komatsu Ltd.'s machine vision business. As defined in the terms of the acquisition, which was originally announced by the company on March 15, 2000, Cognex has acquired all of the rights to Komatsu's FAPEX and KV machine vision products, as well as to related technologies. In addition, all of the software development engineers, sales engineers, and other skilled employees previously associated with Komatsu's machine vision business became Cognex employees on April 3, 2000. Cognex paid $11 million...Read full article

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    Published: April 2000
    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...
    machine visionNews & Features

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