STEMMER IMAGING AG has recently announced its plan to expand its presence in North America by acquiring Phase 1 Technology, a leading machine vision technology supplier based in New York. This move is part of STEMMER’s strategy to grow its market share in the North American region, complementing its existing locations in Mexico and Latin America. The acquisition is expected to be completed in the second quarter of 2024.
Phase 1 Technology specializes in providing a wide range of machine vision products to customers in the North American market. They offer high-quality products such as cameras, sensors, lenses, industrial lighting, frame grabbers, and interface boards from top manufacturers like JAI, Teledyne, Hamamatsu, Baumer, and Sony. Through their partnerships with these top manufacturers, Phase 1 Technology provides their clients with a comprehensive selection of industrial vision products that meet their specific needs and requirements.
This acquisition by STEMMER IMAGING AG will enable them to expand their product offerings and reach more customers in the North American market. With Phase 1 Technology’s expertise and experience in machine vision technology, STEMMER IMAGING AG will be able to provide its customers with an even wider range of innovative and high-quality products. The acquisition is expected to generate significant revenue growth for both companies and further strengthen STEMMER IMAGING AG’s position as a leading provider of machine vision solutions globally.