Event
Cognex Completes Acquisition of Moritex Corporation
Key points
- • Cognex Corporation completed its acquisition of Moritex Corporation on October 18, 2023.
- • The all-cash transaction was valued at approximately ¥40 billion (around $270 million).
- • Moritex, headquartered in Yokohama, Japan, is a global provider of premium optical components.
Company context
Cognex is a machine-vision company providing hardware and software that help automated systems inspect, identify and guide objects in industrial environments. Its products support factory automation, logistics and robotic guidance.
Context
- Company
- Cognex Corporation
- Segment
- Vision
- Event type
- Acquisition
- Geography
- Natick · United States