Cognex completes ¥40B acquisition of Moritex
Evidence notes
- Cognex acquired all outstanding shares of Moritex on October 18, 2023.
- The all-cash purchase price was ¥40 billion, approximately $270 million at closing-date exchange rates.
- The acquisition price is excluded from Moritex funding totals.
Company context
Moritex Corporation develops optical components and machine vision systems, including lenses, illumination, and imaging solutions used in industrial inspection and automation.