AMETEK Acquires Surface Analysis Systems Division Of Cognex Corp.
BERWYN, PA -- AMETEK, Inc. has completed the ahead appear accretion of the Surface Analysis Systems Division (SISD) of Cognex Corporation for about $160 million. Completion of current sensors the transaction follows the cancellation of all authoritative approvals. "We are admiring to advertise the closing of this cardinal accretion and are aflame to acceptable the SISD aggregation to AMETEK," said Frank S. Hermance, AMETEK Chairman and Chief Executive Officer. "SISD's proprietary real-time angel processing technology expands our capabilities in the non-destructive action analysis market.
In addition, SISD will be able tophotosensorsadvantage AMETEK's commutual technology and articles aural its eyes systems." SISD develops and articles software-enabled eyes systems acclimated to audit surfaces of continuously candy abstracts for flaws and defects.
End markets served cover metals, paper, nonwovens, plastics and glass. SISD has anniversary sales of position sensor about $60 million.
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