Add-on Acquisition • Software

Cognex Acquires ViDi Systems SA

On April 4, 2017, Cognex acquired software company ViDi Systems SA

Acquisition Context
  • This is Cognex’s 4th transaction in the Software sector.
  • This is Cognex’s 1st transaction in Switzerland.

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M&A Deal Summary

Date April 4, 2017
Target ViDi Systems SA
Sector Software
Buyer(s) Cognex
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 7 of 10
Sector: Software 4 of 5
Type: Add-on Acquisition 7 of 10
Country: Switzerland 1 of 1
Year: 2017 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-16 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.

Buy -