News
DVT Corp. (Duluth, GA) has entered into an agreement to acquire MTI Machine Vision LLC (Providence, RI), a company known for its semiconductor wafer reading algorithms. Under the agreement, DVT is acquiring the rights to MTI's machine vision software products and intellectual property, as well as other related assets.
Bob Steinke, DVT Chairman and CEO, said, "We see this acquisition as an opportunity to combine MTI's algorithm library with DVT's range of smart camera-based, general purpose vision systems."
MTI founders, Drs. Stuart Geman and Donald McClure, noted that MTI's machine vision customers can expect a seamless transition after the acquisition is completed. "The Providence facility will house a DVT technology group dedicated to the development of advanced algorithms and software product development that will benefit both customer bases."
"The acquisition of MTI's machine vision business allows DVT to begin deployment of easy-to-use, smart-camera products featuring MTI software," McClure added.
DVT expects that the first products to benefit from this venture will include semiconductor wafer reading OCR, barcode and 2-D identification algorithms as well as alignment and defect detection software. MTI's solutions for recognizing degraded images and identifying patterns have been adopted by many vision and inspection original equipment manufacturers (OEMs), and MTI's success in the semiconductor wafer industry will allow DVT broader access to another machine vision market.
Copyright 2004, UP Media Group. All rights reserved.
Enthone Inc. (West Haven, CT) has appointed Aaron Storms as managing director of Enthone Latin America. Storms' primary focus will be on developing Enthone's Central and South American businesses, with a special emphasis on the Brazilian market. He will also be responsible for the management of Enthone's Mexico business operations and will be based at the comany's Mexico City facility.
Storms joins Enthone from Crompton Corp., a global specialty chemical company, where he held the dual role of general manager of Mexico and human rescources director for Latin America. Storms previously spent 23 years with Hewlett-Packard, specializing in finance, quality assurance, customer service and human resources.
Enthone, a business of Cookson Electronics, is a supplier of high performance specialty chemicals and coatings used in the electronics and surface finishing industries. Enthone manufactures, markets and distributes its functional, decorative and electronic processes that are used in printed wiring board, semiconductor, automotive, aerospace, jewelry, and hardware and plumbing applications.
Copyright 2004, UP Media Group. All rights reserved.
Production Solutions Inc. (Poway, CA), a provider of substrate support tooling systems, has appointed of Protec Sales as a manufacturer's representative serving Alabama, Georgia, Mississippi and Tennessee.
Protec Sales, founded in 2003 by Greg Buffaloe, focuses on technical sales and application engineering for its customer base. It is this capability that allows Protec to create and maintain long-term relationships with its large and diverse client base.
Production Solutions manufactures and distributes the Red-E-Set support system for printed circuit board screen printers, dispensing systems and surface-mount pick-and-place equipment.
Copyright 2004, UP Media Group. All rights reserved.
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