Business
Cognex to acquire Intel spinoff RealSense in $500M robotics vision deal
Reports detail ~$600M total package with employee payouts
2 Sep 22 8:15 AM · 1d ago · 1 article · 1 source · development 2 of 2
Globes and CTech reported the deal's total value exceeds $600 million once a $56.5 million three-year retention program and $50 million in restricted stock units for RealSense employees are included, with at least 80 of RealSense's 140 Israel-based employees expected to receive over NIS 1 million each.
Matt Moschner Cognex president and CEONadav Orbach RealSense CEODennis Fehr Cognex SVP of finance and CFO
Pat Gelsinger Former Intel CEOCognex Corporation Acquirer, Nasdaq-listed machine vision company
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What was reported 1 claim about this development
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first by Globes, 1d ago · also Times of Israel
1 more headline
- In first Israel acquisition, Cognex buys Intel robotics spinoff for over $600 million Times of Israel · 1d ago
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