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NATICK, MA -Cognex Corp., a supplier of machine vision systems, has acquired DVT Corp., a privately-held company based in Duluth, GA.

 

Cognex purchased the outstanding shares of DVT with a cash payment of $104 million made at the closing, and a final payment of up to $11 million in cash to be paid at the end of a one-year escrow period.

Cognex plans to maintain operations at the Georgia facility, and to continue selling and supporting the vision products through DVT's existing third-party distribution channel.

As a result of the acquisition, Cognex expects an increase in its revenue of approx. $15 - $20 million during fiscal year 2005.

 

SAN FRANCISCO -- Aggressive pricing pressure and excess capacity are hurting margins at providers of EMS and ODM services, a top investment bank said today.

Noting the "disappointing" margins of the last quarter turned in by Taiwan-based ODMs Hon Hai, Asustek and Quanta, Deutsche Bank asserted that further downsizing is ahead for the industry.
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The National Physical Laboratory seeks papers for its "Electronics Assembly" conference and exhibition to be held July 13 at NPL's Teddington, UK, facility.
 
A program committee, drawn from university and industry members, will review submitted papers in a range of disciplines, including: emerging technologies, components, assembly, lead-free and business trends.
 
For more info, visit: http://www.npl.co.uk/ei/clubs/sstc/.
 
While visiting the site, also note that the FAQ page ( www.npl.co.uk/ei/news/faqs.html ) has been updated and extended.
 
It now poses the "Top 37 Questions" giving answers and offering advice on a range of topics relevant to lead-free soldering, including the WEEE/RoHS directives, compliance, solder replacements, equipment upgrades, component compatibility, reliability and training.

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