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Datalogic Acquisition of PPT Vision Inc. Completed

Tue, 12/27/2011 - 5:55am
Bologna, December 21, 2011 ­ Datalogic S.p.A. (³Datalogic²) announces that the acquisition, through a US subsidiary, of PPT Vision, Inc., a U.S. company which has been present in the machine vision market for nearly 30 years, has been completed.

PPT Vision develops, manufactures and distributes products and solutions based on smart cameras and multi-camera vision systems for applications in quality control and inspection in most manufacturing industries.

The extraordinary PPT Vision Inc. Shareholders¹ Meeting, held yesterday, approved the sales of the company to Datalogic at a price of USD 0.13 per share, for a total amount of the transaction of 5.2 million USD.

Mauro Sacchetto, Datalogic Group CEO, stated, ²The acquisition of PPT is further confirmation of our strategy to supply our customers with complete solutions, reinforcing our positioning in the market of Industrial Automation and completing our offering of a high end range of solutions and services in the new and innovative machine vision technology.²

For more news and information on Datalogic, please visit www.datalogic.com

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