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Cognex's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Cognex Corporation is a manufacturer of machine vision systems, software and sensors used in automated manufacturing.

Cog... Read more

Based on data from Cognex's latest SEC filings

Annual Revenue

Based on data from Cognex's latest SEC filings

Employees

Robert Willett's photo - President & CEO of Cognex

President & CEO

Robert Willett

CEO Approval Rating

69/100

OVERVIEW

Founded:

1981

Headquarters:

NatickMassachusetts

Status:

PublicIndependent Company of NASDAQCGNX

Industry Sector:

Automobile Parts

SIC Code:

5531NAICS listing »

Top Competitors or Alternatives

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Is Stemmer Imaging a competitor of Cognex?

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Trending News for Cognex and Cognex's Competitors

January 17, 2020

Silicon Valley Daily

Teledyne Announces Fourth Quarter and Full Year 2019 Earnings Webcast Details

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) will hold a con... See more »

January 16, 2020

DirectorsTalk Interviews

Cognex Corporation - Consenus Indicates Potential -14.1% Downside

Cognex Corporation with ticker code (CGNX) have now 13 analysts covering the stock. The analyst conse... See more »

January 17, 2020

US Tech Global

Omron Supports LCCC MEMS Students with Advanced Equipment for PCB Production Line

HOFFMAN ESTATES, IL - Omron Automation Americas, a global leader in industrial automation solutions, ... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Basler is perceived as one of Cognex's biggest rivals. Basler is headquartered in Ahrensburg, Schleswig-Holstein, and was founded in 1988. Basler operates in the Internet Software industry. Basler generates 19% the revenue of Cognex.

Keyence is one of Cognex's top competitors. Keyence is a Public company that was founded in 1974 in Osaka, Ōsaka Prefecture. Keyence competes in the Semiconductors field. Compared to Cognex, Keyence has 4,078 more employees.

OMRON has been one of Cognex's top competitors. OMRON was founded in 1933 in Shimogyo-ku, Kyōto Prefecture. OMRON competes in the Electronic Equipment industry. OMRON generates $6.8B more revenue than Cognex.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Robert Willett

President & CEO

- -
2,124
$6.5M
$749.1M
1

Dietmar Ley

CEO

68/100
17,063
- -
$143.8M
2

Akinori Yamamoto

President

78/100
6,202
- -
$5B
3

Yoshihito Yamada

President & CEO

68/100
36,193
- -
$7.6B
4

Al Pichelli

CEO

80/100
10,850
$281.6M
$3.1B
5

CEO

- -
34
- -
$882.8M
6

Arne Dehn

CEO

80/100
300
- -
$ < 1M
7

Roger Varma

President & CEO

58/100
- -
8

CEO

- -
797
- -
$400M
9

CEO

- -
35
- -
$47M
10

Tony Peet

President & CEO

79/100
8,508
- -
$1.5B
The top 10 competitors in Cognex's competitive set are Basler, Keyence, OMRON, Teledyne, ASM, Stemmer Imaging, Ifm, Banner, Opticon and Sick. Together they have raised over 281.6M between their estimated 65.3K employees. Cognex has 2,124 employees and is ranked 6th among it's top 10 competitors. The top 10 competitors average 8,210.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$749.1M

Cognex's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 1.9B. Over the last three quarters, Cognex's revenue has grown by 5.7%. Specifically, in Q3 2019's revenue was $183.3M; in Q2 2019, it was $199M; in Q1 2019, it was $173.5M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Sualab Co.,Ltd.

Oct 2019

Source »
$168.6M
SUALAB provides deep learning inspection solution for electronics, automotive and chemical manufacturing industries.
ViDi Systems SA

Apr 2017

Source »
undisclosed
ViDi develops and offers a deep learning based image analysis software for industrial machine vision.
Chiaro Technologies

Jan 2017

Source »
undisclosed
Chiaro Technologies designs, develops and provides three-dimensional machine vision sensor for industrial applications.
Webscan,Inc.

Dec 2016

Source »
undisclosed
Webscan is a developer, manufacturer and marketer of barcode verification software and devices.
EnShape GmbH

Oct 2016

Source »
undisclosed
EnShape develops, produces and markets 3D sensors for intralogistics and robotics sectors.

These are all the companies that Cognex has acquired. Cognex has acquired 6 companies and its latest acquisition was Sualab Co.,Ltd. in Oct 2019. SUALAB provides deep learning inspection solution for electronics, automotive and chemical manufacturing industries.

Cognex Funding History

Since Cognex was founded in 1981, it has participated in 1 round of funding. In total Cognex has raised $6.5M. Cognex's funding round was on Jul 1989 for a total of $6.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jul 1989
$6.5M

Total Funding: $6.5M

Since Cognex was founded in 1981, it has participated in 1 round of funding. In total Cognex has raised $6.5M. Cognex's funding round was on Jul 1989 for a total of $6.5M

Investments

No recent investments found related to Cognex

Cognex News

December 12, 2019DirectorsTalk Interviews

Cognex Corporation - Consenus Indicates Potential -5.4% Downside

Cognex Corporation found using ticker (CGNX) have now 12 analysts covering the stock with the consens... See more »
November 18, 2019Solar Novus Today

State-of-the-Art Imaging Inspection on the Solar Production Line

Flovel develops, manufactures, and markets high-resolution cameras for industrial applications. The c... See more »
November 6, 2019Seeking Alpha

Upside Once Macro Improves

See more »
October 28, 2019MarketScreener

Reports Third Quarter 2019 Financial Results

(marketscreener.com) Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third... See more »
October 22, 2019MarketScreener

What is OPC UA and why is it essential for industrial automation

(marketscreener.com) To better compete globally, manufacturers have to become more agile, take advant... See more »
October 17, 2019FinSMEs

Cognex Corporation Buys Sualab

Cognex Corporation (NASDAQ: CGNX), a Natick, Massachusetts-based developer of machine vision solution... See more »
October 7, 2019MarketScreener

Application Standards for Barcode Verification

(marketscreener.com) Barcode verification is the process of grading the quality of 1D, 2D, and direct... See more »

Cognex Press Releases

April 29, 2019Business Wire

Cognex Reports Results for the First Quarter of 2019

NATICK, Mass.--(BUSINESS WIRE)--lt;a href="https://twitter.com/search?q=%24CGNX&src=ctag" target="_bl... See more »
April 4, 2019streetinsider

Cognex Corporation Announces Resignation of CFO

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced that Senior Vice P... See more »
April 3, 2019StreetInsider

Cognex Announces First Quarter Earnings Release Date and Conference Call

Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2019 on Monday, Apri... See more »
February 15, 2019CentralCharts

Cognex Reports Record Fourth Quarter and Full Year Results for 2018

Cognex Corporation (NASDAQ: CGNX) today announced financial results for 2018. Table 1 below shows sel... See more »
October 29, 2018Business Wire

Cognex Reports Results for the Third Quarter of 2018

NATICK, Mass.--(BUSINESS WIRE)--$CGNX--Cognex Reports Results for Q3 2018... See more »
September 24, 2018streetinsider

Cognex Announces Third Quarter Earnings Release Date and Conference Call

Cognex Corporation (NASDAQ: CGNX) will release earnings for the third quarter of 2018 on Monday, Octo... See more »
August 1, 2018PRWeb

Cognex and StayLinked Partner to Offer Modernized Terminal Emulation Solution

StayLinked, the leader in Modernized Terminal Emulation, now available on the Cognex line of mobile p... See more »

Cognex Videos

January 31, 2019Cognex Youtube Channel

"Machine Vision & EV Battery Manufacturing" on YOUTUBE

See more »
December 5, 2018Cognex Youtube Channel

"Why they use Cognex | Sean Dotson & RND Automation" on YOUTUBE

See more »
December 4, 2018Cognex Youtube Channel

"DataMan 470 Series Fixed-Mount Barcode Readers" on YOUTUBE

See more »
November 30, 2018Cognex Youtube Channel

"Advancing HDR Technology with HDR+" on YOUTUBE

See more »
November 19, 2018Cognex Youtube Channel

"VisionPro ViDi Blue-Locate Tool for Location and Fixturing" on YOUTUBE

See more »
November 16, 2018Cognex Youtube Channel

"Deep Learning for Factory Automation with Cognex ViDi" on YOUTUBE

See more »
October 15, 2018Cognex Youtube Channel

"Cognex @ Pack Expo 2018 Chicago" on YOUTUBE

See more »

Social Statistics

Headquarters

One Vision Drive

Natick, Massachusetts01760

508-650-4100

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Cognex Corporation is a manufacturer of machine vision systems, software and sensors used in automated manufacturing. Cognex was founded in 1981. Cognex's headquarters is located in Natick, Massachusetts, USA 01760. It has raised 6.5M in 1 round. The ...

CEO

Cognex's President & CEO, Robert Willett, currently has an approval rating of 69%. Cognex's primary competitors are Basler, Keyence & OMRON.

Website

cognex.com

Frequently Asked Questions about Cognex

  1. When was Cognex founded?

    Cognex was founded in 1981

  2. Who is Cognex's CEO?

    Cognex's CEO is Robert Willett

  3. How much revenue does Cognex generate?

    Cognex generates $749.1M in revenue

  4. How much funding does Cognex have?

    Cognex has historically raised $6.5M in funding

  1. Where is Cognex's headquarters?

    Cognex's headquarters is in Natick Massachusetts, USA

  2. How many employees does Cognex have?

    Cognex has 2,124 employees

  3. What sector does Cognex operate in?

    Cognex is in Automobile Parts

  4. Who are Cognex's competitors?

    Cognex's top competitors are Basler, Keyence, OMRON
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