Siemens acquires RVSI division
Siemens Energy and Automation has completed its acquisition of RVSI Acuity CiMatrix, a division of bankrupt Robotic Visions Systems of Nashua. In August Siemens submitted an offer for assets of the division and a binding asset purchase agreement was signed between the Chapter 11 trustee and SEA. The sale was completed after receiving approval from the U.S. Bankruptcy Court. Siemens said it expected to invest in the Nashua facility, which will become its global center for machine vision sensors. RAC employs approximately 100 people who will be integrated SEA’s business structure. The purchase of the RVSI subsidiary "will allow Siemens to expand its factory automaton vision sensor portfolio," said Aubert Martin, president and CEO of Siemens Energy & Automation. "Vision sensors for identification and inspection are growing within the factory automation industry. RAC brings a depth of expertise in data matrix and vision product design along with a host of application development experience. A combined portfolio of Siemens and RAC products, services, and solutions represents a unique and complementary offering to our customers." In a related transaction, Ancora Management LLC of Greenwich, Conn., has completed purchase of the assets of Robotic Vision Systems Inc.’s Semiconductor Equipment Group, or SEG. The business will operate as RVSI Inspection LLC and will continue to be based in Hauppauge, N.Y.. Charles Evans, Ancora’s managing member, will serve as president of RVSI Inspection. RVSI Inspection manufactures, sells, and services the WS-series of bumped wafer inspection systems and the LS series of assembled IC inspection systems.