M&A Deal Summary

Cognex Acquires Webscan

On December 9, 2016, Cognex acquired test/measurement equipment company Webscan

Acquisition Highlights
  • This is Cognex’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Cognex’s 4th transaction in the United States.
  • This is Cognex’s 2nd transaction in Colorado.

M&A Deal Summary
Date 2016-12-09
Target Webscan
Sector Test/Measurement Equipment
Buyer(s) Cognex
Deal Type Add-on Acquisition

Target

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.

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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 6 of 10
Sector (Test/Measurement Equipment) 2 of 2
Type (Add-on Acquisition) 6 of 10
State (Colorado) 2 of 2
Country (United States) 4 of 4
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 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.

Buy -
FOLLOWING 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.

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Mergr

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