Ametek acquires Virtek Vision International, terms undisclosed

Ametek (AME) announced the acquisition of Virtek Vision International, a provider of advanced laser-based projection and inspection systems. Virtek specializes in the development and manufacturing of advanced 3D laser projectors, smart cameras, and quality control inspection systems, powered by AI-driven software and algorithms. Their machine vision solutions provide customers with precise, virtual laser guided measurement and inspection capabilities to help automate complex assembly processes and improve manufacturing efficiencies across a wide range of aerospace, defense and industrial applications. Virtek is headquartered in Waterloo, Canada and has annual sales of approximately $40M. Virtek will join Ametek as part of its Electronic Instruments Group.