Company
Cognex Corp. (NASDAQ: CGNX) makes machine vision systems and software used for industrial inspection, barcode reading, and automated manufacturing.
Jetson Orin Nano 2 takes the entry seat in edge robotics to 78 trillion operations per second, but not until 2027, and the memory figure is what decides which small models ship.
Reality
Cognex is paying about $500 million in cash for the depth-camera business Intel spun out 14 months ago, against a 2026 revenue range the buyer projected, and adding $56.5 million on top to keep the engineers.
Reality
Cognex is putting up around $600 million for RealSense, a business expecting $80 million to $90 million of sales this year, with $106.5 million of the price set aside as retention and stock for 180 employees. The deal should close in the fourth quarter.
Reality
Cognex is buying the depth-camera business Intel spun out last year with cash on hand, and the retention and stock package attached to the deal adds 21% to the $500 million purchase price. Robot builders inherit a new supplier.
Reality
The Intel spinout is selling 14 months after a round valued it at $102 million, and Intel's retained fifth turns into roughly $100 million of Cognex's balance-sheet cash. RealSense guides to $80 million to $90 million of 2026 revenue.
Reality