Atlas Copco to acquire Perceptron for $69m.

Atlas Copco, a provider of sustainable productivity solutions, agreed to acquire Perceptron, a global provider of 3D automated metrology solutions and coordinate measuring machines, for $69m. Harbert Management, an investment firm and holder of 10.5% stake in Perceptron agreed to divest its stake. “As a respected, well-capitalized organization with global reach, Atlas Copco is an ideal fit for our company. Atlas Copco’s leadership position across a broad array of industrial markets, combined with a growing presence in the machine vision space, will allow them to fully leverage our technology to the benefit of existing and new customers, all while realizing economies of scale with the potential to support growth. We are excited by the opportunities that lay ahead for our combined organizations and recommend that Perceptron shareholders vote in favor of the Agreement and the transaction," Jay Freeland, Perceptron Chairman and Interim CEO.