April 27, 2024 3:13 pm
STEMMER IMAGING Completes Acquisition of Phase 1 Technology Corp. in March 2024

STEMMER IMAGING AG has announced the acquisition of Phase 1 Technology, a machine vision technology supplier based in New York. This move is part of STEMMER’s plan to expand its presence in North America, adding to its existing locations in Mexico and Latin America. Through this acquisition, STEMMER aims to strengthen its position as a leading provider of industrial vision products in the region.

Phase 1 Technology specializes in distributing a wide range of machine vision products, such as cameras, sensors, lenses, industrial lighting, frame grabbers, and interface boards. Their focus is primarily on serving customers in the North American market. Through partnerships with top manufacturers like JAI, Teledyne, Hamamatsu, Baumer, and Sony, Phase 1 Technology offers a comprehensive selection of industrial vision products to their clients. This acquisition will enable STEMMER to offer an even wider range of products and services to its customers in the region.

The acquisition is set to be finalized in the second quarter of 2024. With this move, STEMMER continues to solidify its position as a global leader in the industrial automation industry. The company has been expanding its operations across the globe over the past few years and this latest acquisition is expected to further boost its growth prospects in North America.

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