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New Deal


Announced

Completed

Zebra Technologies completed the acquisition of Cortexica Vision Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

machine learning

Acquisition

IT Services: Other

Single Bidder

Majority

United Kingdom

Friendly

artificial intelligence

Synopsis

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Zebra Technologies, a public company that manufactures and sells marking, completed the acquisition of Cortexica Vision Systems, a provider of vision, machine learning, action recognition & video analysis solutions. Financial terms were not disclosed. “The acquisition of Cortexica further advances our Enterprise Asset Intelligence vision by providing computer vision-based sensing to enable our customers to operate more effectively in increasingly automated, data-powered environments. Cortexica’s computer vision expertise provides customers greater visibility into the status of assets at the operational edge of their businesses through vision-based sensing and advanced analytics capabilities,” Anders Gustafsson, Zebra Technologies CEO.

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