Home | Site Map | Privacy Policy | Terms and Conditions | Advertise | Contact Us


Standards

Siemens Acquires Assets of RVSI Acuity Cimatrix

06 Oct 2005


  
Code Alerts!
Sign-up to receive email alerts on important electric code changes.
 
Siemens Energy and Automation, Inc., announced that it has completed the acquisition of the assets of RVSI Acuity CiMatrix, a division of Robotic Visions Systems, Inc., headquartered in Nashua, New Hampshire.

On August 26, 2005, Siemens submitted an offer for the intended purchase of the assets of RVSI Acuity CiMatrix and a binding asset purchase agreement was signed between the Chapter 11 Trustee and Siemens Energy & Automation, Inc. The sale was completed after receiving approval from the U.S. Bankruptcy Court.

Siemens Automation and Drives is a global leader in factory automation and has made a commitment to strengthen its position in factory automation sensors. RVSI Acuity CiMatrix is a leader in machine vision and is expected to enhance Siemens` position in this key market segment. Siemens will likely invest in the Nashua location, which will become the global center of competence for machine vision sensors. RSVI Acuity CiMatrix employs approximately 100 people who will be integrated into the Siemens business structure.

The purchase of RVSI Acuity CiMatrix`s assets will allow Siemens to expand its factory automaton vision sensor portfolio," said Aubert Martin, president and chief executive officer, Siemens Energy & Automation, Inc. "Vision sensors for identification and inspection are growing within the factory automation industry. RVSI Acuity CiMatrix brings a depth of expertise in data matrix and vision product design along with a host of application development experience. A combined portfolio of Siemens and RVSI Acuity CiMatrix products, services, and solutions represents a unique and complementary offering to our customers."

 
Related News & Media:
    Siemens’ Walker Elected to U.S. Green Building Council Committee - 28 Sep 2005
    Siemens Building Controls Help Millburn School District Reduce Energy Costs - 28 Apr 2005