M&A Deal Summary

Cognex Acquires Chiaro Technologies

On November 30, 2016, Cognex acquired test/measurement equipment company Chiaro Technologies

Acquisition Highlights
  • This is Cognex’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Cognex’s 3rd transaction in the United States.
  • This is Cognex’s 1st transaction in Colorado.

M&A Deal Summary
Date 2016-11-30
Target Chiaro Technologies
Sector Test/Measurement Equipment
Buyer(s) Cognex
Deal Type Add-on Acquisition

Target

Chiaro Technologies

Boulder, Colorado, United States
Chiaro Technologies is a maker of an innovative 3D machine vision sensor called Cloudburst™. Chiaro’s Cloudburst sensor offers high-speed, real-time 3D image streaming that is useful in applications where speed is more important than capturing a high resolution image.

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Buyer(S) 1

Buyer

Cognex

Natick, Massachusetts, United States
Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,441
Revenue 838M USD (2023)
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 5 of 10
Sector (Test/Measurement Equipment) 1 of 2
Type (Add-on Acquisition) 5 of 10
State (Colorado) 1 of 2
Country (United States) 3 of 4
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-27 EnShape

Jena, Germany

EnShape GmbH is a maker of advanced 3D vision sensors and software based in Jena, Germany. EnShape’s 3D sensors use patented area-scan technology for fast image capture at high resolution, and eliminate the need to mechanically move objects in front of the device as required with laser line scanners.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-09 Webscan

Longmont, Colorado, United States

Webscan, Inc. is a manufacturer of barcodes verifyer to analysis the barcodes marked on packages, parts and components are applied accurately before items are shipped, and verifies that codes comply with industry standards.

Buy -
Mergr

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