Zebra Applied sciences buying Matrox Imaging for $875M

Zebra Applied sciences buying Matrox Imaging for 5M

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Zebra Applied sciences buying Matrox Imaging for 5M

Zebra Applied sciences is buying Matrox Imaging for $875 million. The acquisition is anticipated to shut in 2022. Matrox Imaging develops machine imaginative and prescient elements and programs and generates annual gross sales of roughly $100 million.

Matrox presents platform-independent software program, software program growth kits (SDKs), sensible cameras, 3D sensors, imaginative and prescient controllers, enter/output (I/O) playing cards, and body grabbers that are used to seize, examine, assess, and document knowledge from industrial imaginative and prescient programs in manufacturing facility automation, electronics and pharmaceutical packaging, semiconductor inspection, and extra.

Zebra Applied sciences in 2021 acquired Adaptive Imaginative and prescient, a machine imaginative and prescient software program firm, and launched its personal line of mounted industrial scanning and machine imaginative and prescient programs. Zebra stated the Matrox Imaging deal will complement the aforementioned merchandise.

“Prospects are more and more deploying automated options to reinforce their front-line staff, enabling them to deal with extra advanced, larger worth workflows, and machine imaginative and prescient is a key expertise to assist them get there,” stated Anders Gustafsson, CEO, Zebra Applied sciences. “This acquisition permits us to satisfy our prospects’ evolving wants, no matter the place they’re on their automation journey — from capturing and analyzing knowledge to facilitate decision-making to deploying bodily automation options to speed up the manufacturing and motion of products and supplies.”

The deal additionally expands Zebra’s presence in automation market. In 2021, it additionally acquired Fetch Robotics, a San Jose, Calif.-based developer of autonomous cellular robots (AMRs) for $290 million. Zebra already owned 5% of Fetch by means of an earlier funding and bought the opposite 95% of the corporate. Fetch Robotics was the primary of 4 AMR firms to be acquired final 12 months in a span of 5 months.

“The mixture of Matrox Imaging’s technical experience with the worldwide footprint of Zebra Applied sciences presents a possibility for Matrox Imaging to speed up its long-term strategic plan,” stated Lorne Trottier, president and co-founder of Matrox. “With its complementary machine imaginative and prescient and stuck industrial scanning portfolio, Zebra Applied sciences can be a superb house for Matrox Imaging.”

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