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Cognex Corporation (CGNX)

  • Tue, Jul. 7, 9:05 AM
    | Tue, Jul. 7, 9:05 AM | 2 Comments
  • Mon, Jun. 8, 8:33 AM
    • Cognex (NASDAQ:CGNX) has agreed to sell its Surface Inspection Systems Division to Ametek (NYSE:AME) for approximately $160M in cash, after deciding it did not fit its long-term objectives and business model.
    • Surface inspection sales were $60M in 2014, or 12% of Cognex's total revenue.
    | Mon, Jun. 8, 8:33 AM | Comment!
Company Description
Cognex Corp is a provider of machine vision products that capture and analyze visual information in order to automate tasks, mainly in manufacturing processes, where vision is required.