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Ifm Takes Over CMS Automatisierungstechnik

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Ifm, a manufacturer of sensors and controls for industrial automation, has acquired CMS Automatisierungstechnik (CMS Automation Technology GmbH), a software developer based in Austria. The combined company will operate under the name ifm diagnostic services GmbH. The move strengthens ifm’s activities in the field of cloud-based machine diagnostics, and particularly the process division at ifm. Terms of the deal were not disclosed. Lothar Zimmer, central managing director of ifm, and Christoph Müllner, CEO of CMS Automatisierungstechnik at the notarization of the purchase...Read full article

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    Published: March 2023
    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...
    Businessmachine visionquality controldiagnosticmachineIFMCMS AutomatisierungstechnikacquisitionsmergerSubsidiarypurchasebuymergers & acquisitionsifm diagnostic servicesEuropeAfricaNamibiaThe News Wire

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