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Microscan to Purchase Siemens' Machine Vision Business
POSTED 09/16/2008
Acquisition Expands Technology Leadership in Traceability Solutions and Strengthens Global Sales Channel
RENTON, Wash., Sept. 15,2008-Microscan today announced it will purchase Siemens' Machine Vision business,formerly Acuity CiMatrix, headquarteredinNashua, New Hampshire.Thecompany expects the acquisition to further enhance its technology leadershipposition in customer-focused traceability solutions by expanding further intomachine vision imaging and inspection.The deal is expected toclose on Sept. 19, 2008.
Microscan,a global leader in the design and manufacturer of precision data acquisition andcontrols, is focused on solutions for electronics, life sciences, and automotiveindustries.Siemens Machine Visionwill become integrated into Microscan.The company plans to keep the Nashualocation open and retain the majority of the workforce.For customers and distribution partnersthe transition of ownership is expected to be seamless.
"The purchase of Siemens Machine Vision businessallows Microscan to expand our vision and smart camera portfolio to the benefitof our customers and partners worldwide," said Jeff Timms, president, Microscan."Vision products for identification andinspection are a growing aspect of the precision data acquisition and controlmarket.The acquisition of theSiemens Machine Vision business brings with it a depth of expertise in DataMatrix and vision product design that is second to none. Combined withMicroscan's deep experience in data acquisition solutions, the purchaseof this business tremendously augments our product portfolio and brings with ita unique and complementary offering to our customers.This acquisition will nicely position usagainst our competitors in our targeted markets."
"Sinceacquiring the company in 2005, Siemens has made considerable investments in theportfolio, facilities, infrastructure, and employees of its machine visionbusiness," said Dennis Sadlowski, president and CEO, Siemens Energy&Automation, Inc."I'm confidentthat the combination of these investments and Microscan's ability to engage afocused sales force, will ensure the continued success of this business.Siemens will continue tofocus onthe industrial identification (Auto ID) segment and strengthenitsinnovative RFID and 1D/2D code reading systems portfolio."
AboutMicroscan
Microscan is a global leaderinmanufacturing andtechnology focused on precision data acquisition and control solutions serving awide range of automation and OEM applications. Microscan solutions benefit aglobal customer base primarily through data tracking and traceability solutionswhich enable manufacturing efficiencies and qualitycontrols.
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As an ISO9001:2000 certified company achieving recognition for Quality Leadership,Microscan is known and trusted by customers worldwide as a provider of quality,high precision automatic identification technology. Microscan is a Spectriscompany.
MicroscanContact:
LauraHoffman
(425)226-5700
AboutSiemens
SiemensEnergy&Automation, Inc. is one of Siemens' operating companies in the U.S.Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy&Automation, Inc. manufactures and markets one of the world’s broadest ranges ofelectrical and electronic products, systems and services to industrial andconstruction market customers. Its technologies range from circuit protectionand energy management systems to process control, industrial software andtotally integrated automation solutions. The company also has expertise insystems integration, technical services and turnkey industrial systems. For moreinformation: www.sea.siemens.com.
Siemens AG (NYSE: SI) is a globalpowerhouse in electrical engineering and electronics, focusing on the three keysectors of healthcare, industry and energy. Founded 160 years ago in Germany,Siemens AG reported sales of $96.6 billion in fiscal year 2007 (ended September30). Siemens today employs more than 470,000 people in some 190 countries. Inthe United States alone, Siemens had sales of over $25 billion (including exportsales), fueled largely by infrastructure projects and innovative solutions inthe industry areas of medical, automation and control, power, transportation andlighting. Headquartered in New York City, Siemens in the U.S. employs nearly72,000 people in all 50 states and Puerto Rico. The U.S. is also home to theglobal headquarters of nine of Siemens’worldwide businesses. For moreinformation on Siemens in the United States, go to www.usa.siemens.com.
SiemensContact:
MichaelKrampe
(770)751-4959