Siemens Acquires Inspekto Machine Vision Company - Automobility
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Siemens Acquires Inspekto Machine Vision Company

Siemens AG has concluded the acquisition of Inspekto, a leading AI-enabled machine vision software company based in Israel, marking a significant stride in the domain of industrial technology.

Inspekto’s pioneering technology offers manufacturers of varying scales a competitive edge by automating visual inspection processes with remarkable efficiency, eliminating the reliance on specialized vision experts and extensive production data.

Following the acquisition, Inspekto will seamlessly integrate into Siemens’ Digital Industries business unit, specifically its Factory Automation division situated in Nuremberg, Germany. Renowned for spearheading digital transformation within the industrial sector, Factory Automation stands poised to leverage Inspekto’s capabilities to further augment its comprehensive offerings.

Siemens intends to harness Inspekto’s AI-driven machine vision prowess across its global network, leveraging its expansive presence and profound expertise in digital industrial solutions to deliver unparalleled technological advancements to its diverse clientele.

This strategic acquisition also broadens Siemens’ industrial AI software portfolio, with a principal emphasis on facilitating streamlined, user-friendly automated visual quality inspection leveraging cutting-edge image processing techniques.

Automobility has collaborated with Inspekto since 2021, helping the team make connections with prospective business partners. The following is a case example: Automobility Helps Inspekto Deploy AI Machine Vision Solution with Large Industrial Client

Siemens’ acquisition of Inspekto represents the second acquisition of an Automobility EXCELerate portfolio company by a strategic investor in just 4 months. In November, Auto Motive Power (AMP) was acquired by Ford, which was announced here:  Ford Connects with AMP to Power its Energy Transition

Automobility curates compelling startups that bring new technology solutions which fit our “Internet of Mobility” thesis. We actively promote these opportunities to strategic and financial investors around the world. We are very proud of our track record in identifying compelling startups who have proven to be leaders in their respective domains.

Please contact us at [email protected] if you would like further information on this or to learn more about other Auto & Mobility investment opportunities from our EXCELerate opportunity pipeline.

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