Cognex to Buy Machine Vision Business
In an agreement valued at up to $19 million in cash,
Cognex Corp. of Natick, Mass., plans to purchase the machine vision business of Tokyo-based
Komatsu Ltd. Under its terms, Cognex would acquire the rights to Komatsu's machine vision technologies and products, such as the Fapex high-speed, gray-scale machine vision system, and would hire its software and sales engineers.
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