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FMC Moves to Buy Advanced Machine Vision

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CHICAGO, Feb. 7 -- FMC Corp. has declared its interest in acquiring Advanced Machine Vision Corp. (AMVC), proposing to AMVC's board of directors a purchase price of $1.75 per share in cash for a total of approximately $27 million. Charles H. Cannon, FMC vice president and general manager of FMC FoodTech, said, We believe this transaction makes great sense from the standpoint of both companies. For FMC FoodTech, optical sorting technology complements our food safety and solutions strategy. In addition, our global sales and service capability can strengthen AMVC's market access. For...Read full article

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    Published: February 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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