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Siemens Acquires Inspekto

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MUNICH, Feb. 22, 2024 — Siemens AG has acquired visual inspection startup Inspekto GmbH. Previously a portfolio company of D11Z. Ventures, Inspekto is a developer of AI-controlled inspections solutions for industrial processes. Its technology mimics cognitive human vision for quality control in a range of industries including mechanical engineering, the automotive sector, electronics, and consumer goods. The acquisition paves the way for global expansion of Inspekto's technology. Originally a client of Inspekto, Siemens will bring the company into its Factory Automation business, headquartered in Nuremberg,...Read full article

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    Published: February 2024
    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...
    Businessacquisitionsmachine visionAIautomationSoftwareEuropeSiemens AGInspekto GmbH

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