Autovimation has been acquired by Exaktera. Exaktera, a portfolio company of Union Park Capital, opens up new opportunities for Autovimation to benefit from Exaktera's global platform and expertise, according to a company spokesperson.

Peter Neuhaus, founder and CEO of Autovimation, will remain on board and sees the acquisition as an opportunity for innovation and market expansion. “The collaboration with Exaktera will enable us to offer our customers even better solutions,” said Neuhaus.

Autovimation will join Z-Laser, ProPhotonix, Advanced Illumination and iiM as Exaktera's fifth machine vision company. The company, based in Rheinstetten, Baden-Württemberg, is known for its robust, precision-manufactured camera housings and special accessories.