KPM Analytics, a Union Park Capital portfolio company, announced it has acquired Smart Vision Works , a specialized artificial intelligence (AI) technology company providing computer vision systems for agriculture and food industries. With over a decade of industry experience, Smart Vision Works has proven that its proprietary machine learning algorithms can overcome challenging machine vision problems and deliver high quality solutions for customers. Specializing in sorting and foreign material detection, the AI technology can be leveraged by food companies to streamline efficiency and enhance quality.
The acquisition demonstrates KPM Analytics‘ deep commitment to the food and agriculture industries. KPM continues to invest in vision technologies to help its customers protect their brand and produce the highest product quality possible. “With this acquisition, KPM Analytics has significantly enhanced our vision inspection portfolio with new AI technologies,” stated Brian Mitchell, KPM Analytics CEO. “The addition of Smart Vision Works to our existing Sightline Process Controls and Eye Pro System machine vision businesses allows us to provide additional data and technologies for our customers to leverage in their production processes. We strongly believe that the advanced AI capabilities within Smart Vision Works will advance our offerings across all of the end markets we serve.”
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Smart Vision Works systems quickly and automatically sort products by size and defect, allowing the defective items to be removed from the line. Using artificial intelligence, the foreign material detector is engineered specifically for finding things that simply don’t belong. Once trained, the system can detect virtually any foreign material whether it’s plastic, cardboard, indigenous materials, metal, and even hair. This is essential for food companies to ensure they are protecting their customers and reducing the risk of recalls.
“Since 2012, we have worked to fulfill our mission of creating artificial intelligence powered vision control systems that improve quality and production for our customers,” added Chris Bryant, President of Smart Vision Works. “We are excited to join KPM Analytics. KPM’s commitment to advance the entire food production process from seed to table through technology, aligns perfectly with our own vision and mission.
SOURCE: PR Newswire