Cognex buys SAC to gain lighting tech
The acquisition expands Cognex’s footprint across industries that manufacture at high speed with minimal tolerance for safety-critical failures, such as automotive and consumer electronics
The acquisition expands Cognex’s footprint across industries that manufacture at high speed with minimal tolerance for safety-critical failures, such as automotive and consumer electronics
Cognex's Q3 revenue was down 26% on last year, while Basler's nine-month sales have increased by 25%
Cognex has increased its revenue guidance to between $195 million and $205 million, up from $160 million to $180 million
There were no injuries from the fire and no significant damage to the production floor and equipment, but a large portion of the company’s component inventory was destroyed
Cognex is the world’s leading provider of vision systems, software, sensors, and industrial barcode readers used in manufacturing and logistics automation. Applications include detecting defects, monitoring production lines, guiding assembly robots, and tracking, sorting and identifying parts. Cognex is headquartered in the US and serves an international customer base from offices in more than 20 countries.
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Robert Willett, Cognex CEO, said: 'We are currently hearing from customers that automation projects are taking longer to deploy... because of supply chain challenges'
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