Isra Vision : Focus on Machine Vision further strengthened - Atlas Copco completes acquisition of Perceptron

DGAP-News: ISRA VISION AG / Key word(s): Miscellaneous Focus on Machine Vision further strengthened - Atlas Copco completes acquisition of Perceptron 21.12.2020 / 15:45 The issuer is solely responsible for the content of this announcement. Focus on Machine Vision further strengthened - Atlas Copco completes acquisition of Perceptron Darmstadt, December 21, 2020 - ISRA VISION, one of the world's top companies for industrial image processing (Machine Vision) as well as a global leader for the surface inspection of web materials and 3D machine vision applications became part of Atlas Copco's Machine Vision Solutions division through a strategic partnership announced in February 2020. Atlas Copco has since then increased the focus on Machine Vision through the acquisition of Perceptron, announced in September 2020. Perceptron is a leading provider of automated metrology solutions headquartered in Plymouth, Michigan, USA. Through Atlas Copco's acquisition of Perceptron, together with ISRA VISION, a well-positioned and leading supplier for 3D Machine Vision products and robot-based industrial automation will be created. "The new Machine Vision Solutions division will offer customers all over the world a comprehensive portfolio of ISRA VISION and Perceptron products for the automation of key applications for various industries", said Enis Ersü, CEO and founder of ISRA VISION. The product portfolios will complement each other, and customers will receive increased support in their transition towards smart manufacturing and flexible automation. Following the closing, Perceptron will become a wholly owned subsidiary of Atlas Copco and is a further step towards the expansion of the Machine Vision Solutions division within the Industrial Technique business area. Company profile ISRA VISION AG, together with its subsidiaries, is worldwide leading in surface inspection of web materials. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision". The core competence of the Company is the ISRA-BrainWARE(R), an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, future-oriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With more than 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support. Further information is available at www.isravision.com. Additional Information ISRA VISION AG Industriestraße 14 64297 Darmstadt Germany Tel.: [phone] - 0 Fax: [phone] - 140 Internet: www.isravision.com Investor Relations E-Mail: [e-mail] Melanie Böttcher Tel.: [phone] - 209 Susanne Becht Tel.: [phone] - 212 21.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	ISRA VISION AG
	Industriestr. 14
	64297 Darmstadt
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.isravision.com
ISIN:	DE0005488100
WKN:	548810
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1156732

End of News	DGAP News Service

1156732  21.12.2020