Ametek to Acquire Surface Inspection Systems Division of Cognex Corporation BERWYN, PA — AMETEK, Inc. entered into a definitive agreement to acquire the Surface Inspection Systems Division of Cognex Corporation for approximately $160 million. The business has annual revenues of $60 million. The closing of the transaction is subject to customary closing conditions, including the receipt of applicable regulatory approvals. SISD develops and manufactures software-enabled vision systems used to inspect surfaces of continuously processed materials for flaws and defects. Their in-line image processing technology detects, classifies, filters, and accurately maps specific defects over the entire area of the surface. End markets served include metals, paper, nonwovens, plastics and glass. SISD is headquartered in Hayward, Calif. “We are excited about the opportunity to acquire such an outstanding business,” said Frank S. Hermance, AMETEK chairman and chief executive officer. “The Surface Inspection Systems Division of Cognex is a global leader in nondestructive process inspection and expands our presence in this attractive market segment. Among SISD’s strengths are its proprietary high-speed defect recognition technology, software algorithms and deep applications knowledge base,” commented Frank Hermance. The SISD business joins AMETEK as part of its Electronic Instruments Group, which had 2014 sales of $2.4 billion and is a leader in the design and manufacture of advanced instruments for the process, aerospace, power and industrial markets. BUSINESS NEWS G3 Standardization Initiative Welcomes the China Machine Vision Union ANN ARBOR — Since November 2009, leading machine vision associations have been cooperating to promote vision standards globally. The China Machine Vision Union has now joined the group, becoming the fifth member. The other members are: • AIA-Advancing Vision + Imaging (AIA) • European Machine Vision Association (EMVA) • Japan Industrial Imaging Association (JIIA) • VDMA Machine Vision (VDMA MV) Cooperation on vision standards is critical to the expanded use of vision and imaging technologies throughout industry. Standards cut down on development time, investment costs, and also accelerate time-to-market. Jeff Burnstein, president of the AIA said, “Since the start of the G3 standardization initiative, the global vision associations have met on a regular basis, promoting enhanced communication and coordination on standards activities. With the CMVU joining the group, we have an even stronger foundation to keep standards development and promotion focused and effective.”Founded in 1984 to advance the understanding and use of imaging and vision technologies and to drive global expansion and growth through education and promotion, AIA now represents over 335 vision suppliers, system integrators, users, researchers, and consulting firms from 32 countries. For more information, visit www.visiononline.org. Adimec is a key partner in two newly-awarded projects for advancing CMOS image sensor technology: CISTERN and EXIST. The main objective of CISTERN, which is an acronym for CMOS Image Sensor Technologies’ Readiness for Next generation of applications, is to research tech-nologies for CMOS image sensors needed in the future for several industries including broadcast and entertainment, high-end security and multi-spectral imaging. The other partners in this project are Grass Valley (project leader), Thales Angenieux, SoftKinetic Sensors, Delft University of Technology, and the University of Burgundy. Adimec will contribute with video processing developments optimized for security applications and expertise with integrated camera lens assemblies. The CISTERN project was awarded by the Cluster for Application and Technology Research in Europe on NanoElectronics (CATRENE) program which is the ambition of Europe and European companies to deliver nano-/microelectronics solutions that enable lighthouse projects and respond to the needs of society at large. The EXIST (Extended Imaging Sensor Technologies) consortium will investigate and develop innovative new technologies for image sensors needed in the next two generations for systems designed to improve citizen security, safety, and healthcare. The image sensor research will focus on enhancing and extending the capabilities of current CMOS imaging devices for better performance including sensitivity, dynamic range, quantum efficiency, and more. Key developments will be improvements in hyperspectral and multispectral capabilities. The EXIST team consists of R&D institutes advanced in image sensor technologies, image sensor designs and video processing (IMEC, Fraunhofer IMS, Le2i, TNO, iMinds and TU Delft) and fabless design houses, semiconductor manufacturer (Sofradir) and system integrators (CMOSIS, Grass Valley, Softkinetic, Thales Angenieux, Adimec, Silios, Sofradir, Focal, and Quest). Adimec will contribute with video processing developments optimized for very high data rates and multi/ hyperspectral cameras for high-end security and medical applications. The EXIST project was awarded by the Electronic Components and Systems for European Leadership Joint Undertaking (ECSEL JU) which offers funding for research, development and innovation projects with unparalleled systemic and strategic impact for smart, sustainable and inclusive economic growth. “We are excited to be part of these projects which allow open collaboration and innovation between leading companies and institutions,” said Joost van Kuijk, CEO/CMO of Adimec. “We continue to invest ourselves into projects that advance imaging technology to push the capabilities for the next generation.” The developments from CISTERN and EXIST will provide the building blocks for all partners to bring innovative products to their markets. PEOPLE NEWS Microscan appointed Bart Nollet to the position of regional sales director for Microscan’s EMEA (Europe, Middle East and Africa) region. Nollet joins the Microscan management team reporting to Scott Summerville, president. In his role, Nollet will be responsible for all Microscan sales and applications engineering in Europe, Russia, the Middle East, and Africa. Nollet brings to Microscan a 30-year track record of sales and marketing leadership within industrial automation and electronics. From 2003 to 2008, Nollet held the position of V.P., sales and marketing, EMEA for Hand Held Products, Inc., a manufacturer of industrial and commercial barcode reading technology, which was acquired by Honeywell in 2007. Prior to his time at Honeywell, Nollet held positions with Quantum Peripherals and Ingram Micro.
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