Cognex Corp. of Natick and a Washington state firm have reached a settlement of all outstanding litigation between the parties, the companies announced Thursday.
Cognex Corp. of Natick is selling one of its divisions to a Pennsylvania firm for $160 million, the maker of machine sensors and barcode readers said Monday.
Machine sensor manufacturer Cognex Corp. of Natick experienced a “fabulous” year, according to Chairman Robert J. Shillman, with the company reporting a 22 percent increase in its fourth-quarter revenue compared with the fourth quarter of 2013.
Machine sensor manufacturer Cognex Corp. of Natick reported its best quarter in its 33-year history, notching records in revenue, net income and earnings per share, thanks a more-than-double revenue gain from the factory automation market, the company reported Monday.
Cognex Corp. of Natick said a federal jury has ruled in the company's favor in a patent infringement lawsuit it brought against a Washington state firm last year.
Machine-sensor manufacturer Cognex Corp. of Natick will buy back another $50 million of its stock, following its launch of an existing $80-million repurchase program, the company announced.
Natick-based Cognex Corp., which manufacturers machine sensors, said it received more than $3 million in purchase orders for its DataMan barcode readers.