AMETEK acquired Surface Vision (Cognex Surface Inspection Systems Division) for part of $356.5 million across two 2015 businesses, a transaction completed in July 2015, structured as All-cash.
Surface Vision (Cognex Surface Inspection Systems Division) operates in EIG. Formerly the Surface Inspection Systems Division of Cognex Corporation; develops and manufactures software-enabled vision systems used to inspect surfaces of continuously processed materials for flaws and defects. Acquired in July 2015.
Surface Vision's proprietary real-time image processing technology broadens the company's capabilities in the non-destructive process inspection market.
EIG
Formerly the Surface Inspection Systems Division of Cognex Corporation; develops and manufactures software-enabled vision systems used to inspect surfaces of continuously processed materials for flaws and defects. Acquired in July 2015.AMETEK FY2015 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.