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Union Park Capital-backed KPM Analytics‍ completed the acquisition of Smart Vision Works.

Synopsis

Union Park Capital-backed KPM Analytics‍, a company that operates in scientific instrumentation sector, focused primarily on analyzing critical parameters within the food, agriculture, clinical and environmental sectors, completed the acquisition of Smart Vision Works, a company that specializes in computer vision systems developed with advanced artificial intelligence technology. Financial terms were not disclosed. "Since 2012, we have worked to fulfill our mission of creating artificial intelligence powered vision control systems that improve quality and production for our customers. We are excited to join KPM Analytics. KPM's commitment to advance the entire food production process from seed to table through technology, aligns perfectly with our own vision and mission. The global resources and reach of KPM will allow us the opportunity to bring Smart Vision Works technologies to customers all over the world and to leverage our solutions in new and innovative ways," Chris Bryant, Smart Vision Works President.

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