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home / articles / CGNX - Cognex Signs Its Largest Ever Acquisition Deal: What's In Store? | Benzinga

CGNX - Cognex Signs Its Largest Ever Acquisition Deal: What's In Store? | Benzinga

Cognex Corporation

Cognex Corp (NASDAQ: CGNX) inked an agreement to acquire Moritex Corporation from Trustar Capital for ¥40 billion (around $275 million) in an all-cash deal.

Moritex is a global provider of optics components with a strong foothold in Japan. It employs approximately 500 people.

The buyout signifies CGNX's largest acquisition in its 42-year history.

The deal is expected to contribute ...

Full story available on Benzinga.com
Stock Information
Company Name: Cognex Corporation
Stock Symbol: CGNX
Market: NASDAQ
Website: cognex.com
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