Cognex Corporation (NASDAQ: CGNX) has broadcast its 3D eyes capabilities with the contempo accretion of two companies specializing in 3D apparatus eyes technology.
On October 27, 2016, Cognex acquired EnShape GmbH, a maker of avant-garde 3D eyes sensors and software based in Jena, Germany. EnShape’s 3D sensors use patented area-scan technology for fast angel abduction at aerial resolution, and annihilate the charge to mechanically move altar in advanced of the accessory as appropriate with laser band scanners. The company’s aggregation of awful accomplished 3D eyes engineers will become allotment of a new Cognex engineering centermost based in Jena.
On August 30, 2016, Cognex additionally completed the accretion of AQSense, a provider of 3D eyes software based in Girona, Spain. AQSense develops and sells a library of field-tested 3D eyes accoutrement and a agreement software amalgamation that helps barter calmly set up their 3D eyes applications. The company’s software engineers abutting Cognex’s 3D engineering aggregation aloft the closing of the acquisition.
“We see a growing cardinal of opportunities for 3D eyes in industries such as automotive, customer electronics and logistics, to name aloof a few,” said Joerg Kuechen, Vice President of Eyes Articles for Cognex. “We accept that our accretion of these two companies, abnormally the accession of two awful accomplished new engineering teams, will advance our adeptness to accompany avant-garde new 3D articles to market.”
Visit Cognex at the VISION appearance in Stuttgart, Germany from November 8 10, 2016 for an addition to our newest 3D eyes capabilities.
About Cognex Corporation
Cognex Corporation designs, develops, articles and markets a ambit of articles that absorb adult apparatus eyes technology that gives them the adeptness to “see.” Cognex products accommodate barcode readers, apparatus eyes sensors and apparatus eyes systems that are acclimated in factories, warehouses and administration centers about the apple to guide, gauge, inspect, analyze and assure the affection of items during the accomplishment and administration process. Cognex is the world’s baton in the apparatus eyes industry, accepting alien added than 1 actor vision-based products, apery over $4 billion in accumulative revenue, back the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has bounded offices and distributors amid throughout the Americas, Europe and Asia. For details, visit Cognex online at http://www.cognex.com.
Certain statements fabricated in this account release, which do not chronicle alone to absolute matters, are advanced statements. These statements can be articular by use of the words “expects,” “anticipates,” “estimates,” “believes,” “projects,” “intends,” “plans,” “will,” “may,” “shall,” “could,” “should,” and agnate words and added statements of a agnate sense. These advanced statements, which accommodate statements apropos accepted allowances of acquisitions, business and bazaar trends, approaching artefact development, and cardinal plans, absorb accepted and alien risks and uncertainties that could account absolute after-effects to alter materially from those projected. Such risks and uncertainties include: accepted and approaching altitude in the all-around economy; the disability to advance new products; the disability to assure our proprietary technology and bookish property; the appulse of aggressive pressures; the challenges in amalgam and accomplishing accepted after-effects from acquired businesses; and the added risks abundant in Cognex letters filed with the SEC, including its Form 10-K for the budgetary year concluded December 31, 2015. You should not abode disproportionate assurance aloft any such advanced statements, which allege alone as of the date made. Cognex disclaims any obligation to amend advanced statements afterwards the date of such statements.
Cognex CorporationInvestor Relations Contact:Susan Conway, 508-650-3353Sr. Director, Investor Relationssusan.email@example.comPR Contact:Robin Pratt, 508-650-3384Corporate Communicationsrobin.firstname.lastname@example.org
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