Electronics Production |
Datalogic acquires PPT Vision
Datalogic has acquired PPT Vision in a $5.2 US million transaction.
In the deal, funded entirely through the company's internal resources, Datalogic will recieve over 25,000 systems worldwide and 4 exclusive patents.
PPT Vision develops, produces and markets products and solutions based on smart camera, as well as industrial multi-camera vision systems used in quality control and inspection in the manufacturing industry (machine vision).
The company employs about 30 people, has one R&D center and two application development and support centers, one of which is located in Europe. PPT Vision generated approximately 6 million USD in revenue with an EBIT and a substantially balanced net income (both equal to -0.3 million USD).