Cognex Finalizes Divestiture of Acquired Business
Cognex Corporation (NASDAQ: CGNX) announced on April 6, 2026, the completion of the divestiture of its Japan-focused trading business, which was originally acquired as part of the Moritex acquisition in October 2023, according to PR Newswire. The transaction closed on April 1, 2026, slightly ahead of the company’s expectation of a second-quarter close.
Details of the Transaction
The Japan-focused trading business generated approximately $16 million in revenue in 2025 and was sold for a purchase price of about $11.9 million, within the previously disclosed target range of $10 million to $12 million, inclusive of the sale of related inventories. Cognex stated that the divestiture does not represent a strategic shift and is not expected to have a material effect on the company’s ongoing operations or financial results, as reported in the announcement from PR Newswire.
Background on the Acquisition
The divested business formed part of the assets Cognex acquired through the Moritex acquisition in October 2023, marking a continuation of the company’s adjustments to its portfolio.
Company Overview
Cognex has been involved in advanced machine vision for over 40 years, with operations headquartered near Boston, USA, and locations in over 30 countries serving more than 30,000 customers worldwide.
