M&A Deal Summary

Takata Acquires AssistWare Technology

On July 2, 2008, Takata acquired software company AssistWare Technology from Cognex for 3M USD

Acquisition Highlights
  • This is Takata’s 1st transaction in the Software sector.
  • This is Takata’s largest (disclosed) transaction.
  • This is Takata’s 1st transaction in the United States.
  • This is Takata’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2008-07-02
Target AssistWare Technology
Sector Software
Buyer(s) Takata
Sellers(s) Cognex
Deal Type Divestiture
Deal Value 3M USD

Target

AssistWare Technology

Gibsonia, Pennsylvania, United States
website
AssistWare Technology, Inc. is a developer of Lane Departure Warning (LDW) systems for the heavy truck market.

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Buyer(S) 1

Buyer

Takata

Tokyo, Japan

website

Category Company
Founded 1933
Sector Automotive
Employees45,792
Revenue 662.5B JPY (2017)
DESCRIPTION

Takata Corp. is a manufacturer and seller of automotive safety systems and products for automakers. Takata was founded in 1933 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 4
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-05 BAE Systems Safety Products

Pompano Beach, Florida, United States

BAE Systems Safety Products, Inc. is a manufacturer and designer of occupant restraints and safety products.

Buy -

Seller(S) 1

SELLER

Cognex

Natick, Massachusetts, United States

website

Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,441
Revenue 1.0B USD (2022)
DESCRIPTION

Cognex is a provider of vision systems, vision software, vision sensors and surface inspection systems used in manufacturing automation. Cognex products include barcode readers, machine vision sensors and machine vision systems that are used in factories, warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process. Cognex was founded in 1981 and is based in Natick, Massachusetts.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2008) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-22 AssistWare Technology

Gibsonia, Pennsylvania, United States

AssistWare Technology, Inc. is a developer of Lane Departure Warning (LDW) systems for the heavy truck market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 Cognex Corp - Surface Inspection Systems Division

United States

Cognex Corp - Surface Inspection Systems Division is develops and manufactures software-enabled vision systems used to inspect surfaces of continuously processed materials for flaws and defects.

Sell $160M
Mergr

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Company

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