LMI Technologies, a Vancouver, B.C., Canada maker of 3D laser measurement sensors for industrial measurement and control applications (www.lmi3d.com), has sold 100 percent of its shares to join Augusta Technologie AG, a German, publicly listed sensor and vision technology company (www.augusta-ag.de).
Through Augusta, LMI can expand distribution channels for its Gocator 3D measurement sensor.
As a result of this acquisition, LMI and its Gocator 3D measurement sensor will become part of a larger worldwide company in the field of digital imaging technologies.
Augusta, located in Munich, focuses on sensors and vision. It already supplies FireWire and GigE digital cameras for machine vision under the Allied Vision Technologies brand. Augusta CEO Amnon Harman said, “LMI is a perfect fit to our vision activities and will give us access to the rapidly growing 3D market. Combining LMI’s strength in 3D with our leading market position in digital machine vision cameras will offer multiple benefits and a much broader product offering.” LMI 3D products move the Augusta Vision Group up the value chain from components to systems and solutions, he added.
LMI Technologies CEO Terry Arden, retains his position.
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