Perceptron Inc. Acquires CMM Designer, Manufacturer COORD3, CMM Software Developer
Perceptron Inc., a provider of non-contact 3D machine vision solutions for industrial measurement, inspection and robot guidance applications, reached an agreement to acquire two European metrology companies:
The NMS acquisition closed on Jan. 29. The Coord3 acquisition is expected to close in February 2015, subject to customary closing conditions. The total value of the transactions will be approximately $15.9 million, in a combination of cash and assumed debt. The combined companies have approximately $15 million in annual revenue. Management expects the transactions will be accretive by the end of fiscal 2016.