Newswire Agents of Tech

Zebra Technologies to Acquire Photoneo

Zebra Technologies, a leading digital solution provider enabling businesses to intelligently connect data, assets and people, said that intends to acquire Photoneo, a developer and manufacturer of 3D machine vision solutions. The 3D segment of the Machine Vision market is the fastest growing, and this acquisition will further accelerate Zebra’s presence in the category.

By combining Photoneo’s 3D machine vision solutions with Zebra’s advanced sensors, vendor-agnostic software and AI-based image processing capabilities, customers will benefit from a unique portfolio of offerings to address their most challenging use cases. These include high value applications such as bin picking, depalletizing, creating digital twins and inspecting objects used in automotive manufacturing, logistics and other key markets.

“Building on Zebra’s proven expertise in autonomous data capture, inspection software and deep learning AI capabilities, this combination expands our portfolio of highly differentiated 3D sensors and advanced 3D machine vision software. We look forward to welcoming the Photoneo team to the Zebra family.”

Photoneo’s intelligent sensors are particularly effective within the vision-guided robotic (VGR) segment. They are certified to interface with many of the largest robotic manufacturers for a variety of use cases including robot-arm applications for bin picking. Photoneo differentiates itself through parallel structured light technology in complex 3D applications which provides a faster, more accurate, higher resolution and more robust solution comprised of both hardware and software.

“This acquisition addresses the needs of customers globally who want to maximize the potential of machine vision within their frontline operations,” said Bill Burns, CEO, Zebra Technologies. “Building on Zebra’s proven expertise in autonomous data capture, inspection software and deep learning AI capabilities, this combination expands our portfolio of highly differentiated 3D sensors and advanced 3D machine vision software. We look forward to welcoming the Photoneo team to the Zebra family.”

“Zebra Technologies will provide an ideal environment for Photoneo to further accelerate its innovation,” said Jan Zizka, co-founder and CEO, Photoneo Brightpick Group. “By combining world-class 3D sensors from Photoneo with Zebra’s global reach and best-in-class 3D software, customers will be able to unlock considerable business value from machine vision across new, exciting use cases.”

A&O Shearman LLP is serving as legal counsel to Zebra. Dentons is acting as legal counsel and Evercore Partners International is acting as financial advisor to Photoneo.