You may have heard about the planned acquisition of RealSense by Cognex.
Not exactly. Cognex won’t get ALL of RealSense.
“Ahead of RealSense’s previously announced definitive agreement to be acquired by Cognex, our facial authentication business will become an independent company: RealSense ID.
“The spinout is the next step in RealSense ID’s growth. As an independent company, RealSense ID will focus on biometric authentication, identity and Vision AI, with dedicated resources to support continued innovation and growth.”
Bla bla bla capitalized investors technology. At least no synergies were mentioned.
The key word is focus.
Some companies opt to focus on biometrics, while others spread themselves from biometrics to floor wax to dessert toppings.
The new RealSense ID opts for the former.
