AMETEK acquires Surface Vision (Cognex Surface Inspection Systems Division)

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.

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