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Cognex to buy Intel spinoff RealSense for $600 million, expand into robotics

Cognex will acquire RealSense, a robotics and computer vision startup spun off from Intel, in a deal valued at $600 million. Cognex plans to use the acquisition to step up its push into the robotics market beyond its core machine vision business. Cognex sells optical character recognition technology, sensor cameras for detecting defects on factory lines, and systems that guide robotic arms and sorting robots. RealSense’s main products include depth cameras and 3D sensing technologies.