Switzerland-based Uster Technologies AG reports it has closed the acquisition of Elbit Vision Systems Ltd. The addition of EVS’ automation vision inspection technology expands Uster’s competencies in quality control.
“I am delighted that we are now able to finalize this major milestone, which embodies the strengthening of Uster’s activities across the globe,” said Thomas Nasiou, CEO, Uster. “the access to innovative technology and the enhanced presence will enable us to strengthen our offering to customers and offer new, interesting perspectives to the colleagues of Uster and EVS. The acquisition fits perfectly into our vision to be the world’s leading supplier of quality solutions for the textile industry from fiber to fabric.”
“Now, I am very much looking forward to continue working for EVS, now part of Uster, and combining our offering,” said Sam Cohen, CEO, EVS. “I believe that we will demonstrate the potential to provide our customers with new, innovative products that can address unmet needs.”