Categories: Technology

STEMMER IMAGING Completes Acquisition of Phase 1 Technology Corp. in March 2024

STEMMER IMAGING AG has recently announced its agreement to acquire Phase 1 Technology, a leading machine vision technology supplier based in New York. This acquisition is a strategic move to expand STEMMER’s presence in North America, where Phase 1 Technology has been serving customers with a wide range of industrial vision products. With this acquisition, STEMMER aims to strengthen its position in the market and provide customers with an even broader selection of machine vision solutions.

Phase 1 Technology is known for its vertically integrated distribution model, offering a comprehensive range of machine vision products such as cameras, sensors, lenses, industrial lighting, frame grabbers, and interface boards. The company has built strong relationships with top manufacturers in the industry, including JAI, Teledyne, Hamamatsu, Baumer, and Sony, providing customers with access to high-quality and innovative vision technologies.

With the acquisition of Phase 1 Technology, STEMMER will not only enhance its product portfolio but also benefit from the expertise and market knowledge of the acquired company. By combining their resources and capabilities, the two companies aim to provide customers with superior technical solutions and services. The acquisition is expected to be finalized in the second quarter of 2024, marking a significant step in STEMMER’s growth strategy in North America.

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