M&A Deal Summary

Cognex Acquires SUALAB

On October 16, 2019, Cognex acquired software company SUALAB

Acquisition Highlights
  • This is Cognex’s 5th transaction in the Software sector.
  • This is Cognex’s 1st transaction in South Korea.

M&A Deal Summary

Date 2019-10-16
Target SUALAB
Sector Software
Buyer(s) Cognex
Deal Type Add-on Acquisition

Target

SUALAB

Seoul, South Korea
SUALAB is a developer of vision software using deep learning for industrial applications. SUALAB provides AI-based Smart Factory Solutions, such as unmanned automatic inspection and process optimization. SUALAB was founded in 2013 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Cognex

Natick, Massachusetts, United States

Category Company
Founded 1981
Sector Test/Measurement Equipment
Employees2,441
Revenue 915M USD (2024)
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 8 of 10
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 8 of 10
Country: South Korea M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 ViDi Systems SA

Fribourg, Switzerland

ViDi Systems SA is a maker of deep learning software for industrial machine vision. The deep learning software uses artificial intelligence techniques to improve image analysis in applications where it is difficult to predict the full range of image variations that might be encountered. ViDi Systems is formed in 2012 and is based in Fribourg, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-08 SAC Sirius Advanced Cybernetics

Karlsruhe, Germany

SAC Sirius Advanced Cybernetics focus on development, production, and sales of high-quality components and tools, SAC offers a product range that is perfectly tailored to the customer’s requirements and sets new standards in industrial image processing. SAC Sirius Advanced Cybernetics was founded in 1996 and is based in Karlsruhe, Germany.

Buy -