OCTOBER 6--Siemens Energy and Automation (A&D; Atlanta, GA) has completed the acquisition of the assets of RVSI Acuity CiMatrix, a division of Robotic Visions Systems, headquartered in Nashua, NH. On August 26, 2005, Siemens submitted an offer for the intended purchase of the assets of RVSI Acuity CiMatrix, and a binding asset purchase agreement was signed between the Chapter 11 Trustee and Siemens Energy & Automation. The sale was completed after receiving approval from the US Bankruptcy Court.
Siemens A&D is a manufacturer of factory automation equipment and has made a commitment to strengthen its position in factory-automation sensors. RVSI Acuity CiMatrix is a manufacturer of machine-vision devices and is expected to enhance Siemens` position in this key market segment. Siemens will likely invest in the Nashua location, which will become the center of competence for machine-vision sensors. RSVI Acuity CiMatrix employs approximately 100 people who will be integrated into the Siemens business structure.
Siemens Energy and Automation is one of Siemens' operating companies in the USA. It manufactures and markets a broad range of electrical and electronic products, systems, and services to industrial and construction market customers. Its technologies range from circuit protection and energy management systems to process control, industrial software, and totally integrated automation solutions. The company also has expertise in systems integration, technical services and turnkey industrial systems. For more information, see www.sea.siemens.com.
