With this acquisition, Cognex is expanding its portfolio to include 3D depth sensing technology for robotics and physical AI. The market is expected to grow significantly by 2030.
Cognex achieved strong sales growth for the second year in a row. In fiscal year 2021, the vision specialist generated 1.04 billion US dollars in revenue, an increase of 28 percent over the previous year.
Two major new releases of Cognex VisionPro software deliver advanced vision tools and tighter deep learning integration in a high-performance platform.
