Zebra Technologies Corp. has acquired Cortexica Vision Systems Ltd., a London-headquartered leader in business-to-business computer vision-based artificial intelligence solutions. Financial terms of the acquisition were not disclosed.
Founded in 2008, Cortexica has developed vision-based analytics and AI solutions to drive new user experiences and greater operational efficiencies. Specific capabilities enabled by the Cortexica computer vision AI portfolio include object recognition, image and video analysis and visual search. Cortexica brings robust technology capabilities and a talented team of engineers, giving Zebra an opportunity to enhance its next-generation offerings.
“The acquisition of Cortexica further advances our Enterprise Asset Intelligence vision by providing computer vision-based sensing to enable our customers to operate more effectively in increasingly automated, data-powered environments,” Zebra Technologies CEO Anders Gustafsson said in a statement. “Cortexica’s computer vision expertise provides customers greater visibility into the status of assets at the operational edge of their businesses through vision-based sensing and advanced analytics capabilities.”
Related: Zebra Technologies Keeps $4 Billion Business Growing With M&A
