Siemens acquires RVSI Acuity Cimatrix

10/17/2005


Siemens Energy and Automation, Inc. (SEA) has completed the acquisition of RVSI Acuity CiMatrix (RAC), a division of Robotic Visions Systems, Inc. headquartered in Nashua, N.H. In August Siemens submitted an offer for assets of RAC and a binding asset purchase agreement was signed between the Chapter 11 Trustee and SEA. The sale was completed after receiving approval from the U.S. Bankruptcy Court.

RAC leadership in machine vision is expected to enhance Siemens` position. SEA is expected to invest in the Nashua facility, which will become its global center for machine vision sensors. RAC employs approximately 100 people who will be integrated SEA’s business structure.

'The purchase of RAC’s assets will allow Siemens to expand its factory automaton vision sensor portfolio,' said Aubert Martin, president and CEO, Siemens Energy & Automation, Inc. 'Vision sensors for identification and inspection are growing within the factory automation industry. RAC 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 RAC products, services, and solutions represents a unique and complementary offering to our customers.'





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