Cognex Corporation Acquires RealSense's Depth-Sensing Vision Technology
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Cognex Corporation entered a definitive agreement to acquire RealSense's non-biometrics portfolio, which includes depth-sensing cameras and vision technology. The transaction is valued at $500 million in an all-cash deal. Prior to the acquisition, RealSense is spinning out its face biometrics business into a separate company named RealSense ID.
Why it matters
The acquisition is intended to expand Cognex Corporation’s machine-vision portfolio into 3D depth perception and autonomous robotic navigation. The robotic perception market is currently valued at about $600 million and is projected to grow to $1.6 billion by 2030.
From themarketsdaily.com
Who's involved
- Cognex CorporationAmerican manufacturer of machine vision systems acquiring the technology
- IntelAmerican multinational technology company that founded RealSense
- FANUCGroup of companies that provide automation products and services such as robotics
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Cognex CorporationSpeculative
Cognex Corporation may see increased revenue potential in the robotic perception market through the integration of RealSense's technology.
How it developed
Newest first. Tap a step to see who reported it.Cognex acquires RealSense, a vision technology that originated from Intel.1 source
Cognex announced it is acquiring RealSense's non-biometrics portfolio.1 source
Keep exploring
The entities involved
-
Cognex Corporation
American manufacturer of machine vision systems
-
Intel
American multinational technology company