FLIR Systems to Acquire Point Grey Research

FLIR Systems, Inc. (NASDAQ: FLIR) has reached a definitive asset purchase agreement to acquire the business of Point Grey Research, Inc., a leading developer of machine vision cameras for use in industrial, retail, scientific, traffic, mapping, and other advanced imaging applications, for approximately $253 million in cash.

Founded in 1997 and based in Richmond, British Columbia, Point Grey is a global leader in the development of advanced visible imaging cameras and solutions that are used in industrial automation systems, medical diagnostic equipment, people counting systems, intelligent traffic systems, military and defense products, and advanced mapping systems. Point Grey designs, manufactures, and distributes its cameras and related software to a global base of customers that build systems for improving the efficiency, quality, analysis, and safety of a wide range of processes and products.

The addition of the Point Grey business will augment FLIR’s existing OEM cores and components business by adding a broad range of visible spectrum machine vision cameras and solutions. Additionally, FLIR’s thermal sensor technology, with its unique ability to remotely measure temperature, see through factory obscurants such as smoke and steam, and accurately detect and characterize human activity in retail settings, will further extend Point Grey’s product range into new application spaces. The business will become FLIR’s Integrated Imaging Solutions line of business operating within the OEM and Emerging segment.

“We’re excited to add the broad range of innovative products from Point Grey to FLIR as together we have a unique capability to create advanced sensing solutions for the broad machine vision market,” said Andy Teich, President and CEO of FLIR. “Thermal imaging technology provides vision systems customers an alternative imaging spectrum that offers a rich, largely untapped layer of information that can be further leveraged. Point Grey’s global presence and credibility in industrial vision systems provides a strong platform for us to integrate our leading thermal technology. Point Grey is a proven, high-performing business with an impressive set of products, customers, processes, and people, all of which we see as being highly synergistic and strategically significant to FLIR. We welcome the Point Grey employees to FLIR and look forward to creating highly valuable solutions for a wide array of intelligent imaging applications.”

The transaction is expected to be completed in the fourth quarter of 2016. FLIR anticipates the business and related transaction costs will be approximately $0.01 dilutive to its 2016 earnings per share and accretive for 2017.

EMVA1288 – release candidate 2 of version 3.1 published

Today, on September 30, 2016, release candidate 2 of version 3.1 of the standard EMVA1288 has been made public by the EMVA.

The standard creates transparency by defining reliable and exact measurement procedures and by comparable data sheets for machine vision cameras. The new release is now open for public review and discussion and will become the official release 3.1 on December 30, 2016, if no objections are filed.

The new release contains only a few refinements and additions, because release 3.0 proved already to be a robust and stable release. The major progress is the new data template sheet. This makes it easy to compare the main features of cameras with data summarized in a standardized way on a single page. The two other major additions are: total SNR curve including the spatial non-uniformities, and diagrams of horizontal and vertical profiles for illustration of the spatial non-uniformities. The document can be downloaded from EMVA’s website at https://www.emva.org/standards-technology/emva-1288/emva-standard-1288-downloads/

Register Now: International Vision Night

cordially invite to the traditional Vision Night taking place 7 November 2016 – the evening before the VISION trade show opens its doors – in Stuttgart.

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Flexible Robotic Systems

Under “Vision Insights” the EMVA website promotes “EU R&D Projects”.

The PickNPack initiative just published a comprehensive video showcasing Industry 4.0 applied with Robotics and Vision.

 

EMVA welcomes new member ‘CEI-Europe AB’

For more than three decades, CEI-Europe has developed, organized and held short technology courses all over Europe, and beyond. We supply education
on the recent advances in the following topics: Digital Imaging and Sensors, Microelectronic, Semiconductor Technology and Devices, Circuit Design, Signal Processing and Telecommunications.
CEI-Europe is internationally renowned for the quality of its continuing education programs for engineering professionals and we use only the very best lecturers available. Not only are our instructors internationally recognised in their respective field, they also have the pedagogic ability to impart technological expertise to a professional audience. Founded in 1980, CEI-Europe has educated over 33 000 participants at open and in-house courses.

EMVA welcomes new member ‘Fujifilm Europe’

Tapping into optical technologies and precision processing / assembling technologies nurtured over many years, Fujifilm offers a wide variety of Fujinon lenses. The Fujinon brand is world-renowned for its innovative and reliable products in the field of broadcast & cine lenses, binoculars, CCTV lenses, machine vision applications as well as for special custom made optical products, for example those used in digital projectors, automobiles and in many other applications.

EMVA welcomes new member ‘Imaging.market’

The German based company was founded 2016 by Dr. Ronald Mueller and Sourav Dutta, both engineers, each with over a decade of experience in machine vision. Bringing together the perspectives of an industrial camera manufacturer, a global imaging distributor, a vision system OEM, and a system integrator from earlier assignments, the founders have build up a platform designed to simplify and accelerate the product selection process for imaging customers: www.imaging.market.

Thanks to a rich product data and modern user interface features, the platform user can quickly identify products, which fulfill his requirements. Hence, he has the opportunity to request more information and a quotation from each manufacturer of the selected products with a single click and free of charge. Thus, Imaging.market simplifies and accelerates the generation of customer leads for the listed manufacturers. To constantly increase the value for customers and suppliers, the team of Imaging.market is continuously adding new products and usability features to the platform.

EMVA Market Report 2016 published

Evaluation of machine vision markets in the UK and Ireland.

The European Machine Vision Association (EMVA) has published its 2016 Market Report “Machine Vision in the UK and Ireland”. EMVA non-members can obtain the 59 paged pdf-report at a price of € 345,- plus VAT through info@emva.org.

The report for the first time maps the machine vision markets in the UK and Ireland. It covers the vision industry, their customers and the main applications as well as technical and commercial trends. In addition, the “eco system” for machine vision is described, including clusters, research centers and associations, trade shows and special magazines. This is being supplemented by market and growth drivers and an estimate of the market volume.

“Machine vision has a long tradition in the UK from the very beginning of the industry. Today, only a few component manufacturers are located in the country and the market is mainly supplied by vision technology through distributors”, says Andreas Breyer, EMVA’s Director of Market Research and adds: “Integrators play a significant role in the industrial use of machine vision, while the non-industrial sector is at least as important to the machine vision players and strongly growing also fostered by heavy computer vision research in practically all relevant universities across the country.”

In Ireland foreign direct investment is a pillar to the economy as many multinational end-users operate production sites in the country. Many of those are machine vision users. In addition, over the last decade Ireland has become a globally recognized center of excellence in the Life Sciences industry. Other than smart cameras, the main part of machine vision components is imported into Ireland. Notably, there is an extremely dynamic scene of companies which purely concentrate on non-industrial computer vision applications.

“Altogether we have identified close to 300 players in the UK machine vision market and over 40 players in the Irish machine vision market, all of them are listed by name and website in the report,” says Andreas Breyer.

With the current 2016 market report the EMVA continues the strategy to investigate all European markets through the eyes of the machine vision industry.

Keynote on ‘Brexit’ more actual then ever!

The 2016 EMVA conference joined 120 attendees and guests for top noche speeches and excellent networking opportunities in Edinburgh.

With his opening keynote ‘In or Out of Europe: An Economic Perspective‘ Martin Vander-Weyer, Financial Journalist and Columnist for The Spectator, got the audience into the Brexit scenario just days before the British referendum.
Very seldom a conference keynote hits an international industry relevant topic with such high currentness.

During 100+ pre-scheduled face-to-face meetings attendees could meet their peers and built new business relationships or simply exchange ideas with colleagues.

The work of Mr. Tolga Birdal, TU Munich, on ‘Reconstruction via Detection: Efficient and Automatic Reconstruction from Unorganized 3D Scans‘ was honored with the 2016 Young Professional Award.

In his conference wrap-up EMVA General Secretary Thomas Lübkemeier could look back on three days full of information but also very enjoyable networking hours during the evening events. Finally he announced the 2017 EMVA Business Conference to take place in Prague, Czech Republic, from 22 – 24 June 2017.

Picture Gallery

Early Bird ends 30. June!

The early bird period for registration to the two-day European Machine Vision Forum on September 8-9, 2016, at Heidelberg University with the focal topic *Image processing algorithms – from low level to deep learning is expiring on June 30, 2016