DALSA to acquire Coreco

Feb. 18, 2005 — DALSA Corp. and Coreco Inc. announced that they have entered into an arrangement agreement by which DALSA will acquire all of the issued and outstanding shares of Coreco.

The deal is subject to regulatory approval and other conditions, according to a news release, which said the plan has the support of the board of directors of both DALSA and Coreco.

The companies say the transaction, which combines Coreco’s vision processors, software, and smart camera technology with DALSA’s image sensor chips and digital cameras, would create a company that is well positioned to lead the convergence of technologies in the high performance digital imaging and machine vision marketplace.


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