Cognex completed the acquisition of Moritex from Trustar Capital for $275m.

Cognex, an industrial machine vision company, completed the acquisition of Moritex, a provider of optics components, from Trustar Capital, a private equity firm, for $275m. “At Cognex, we provide manufacturers with the most advanced machine vision solutions. We have long admired, and sold, Moritex optics components as an important element of what we do. We often note that machine vision functions like the eye and brain of a human: Cognex vision systems are akin to the brain, and Moritex optics, the eye. Bringing these complementary technologies together will streamline the solution we provide our customers, enabling a more advanced and integrated offering. Expanding into the optics components segment with this acquisition will increase our served market and deepen our penetration of the Japanese machine vision market,” Robert Willett, Cognex President and CEO.