Dentons has advised Photoneo on the sale of its business to the Chicago-based Zebra Technologies. A&O Shearman's London office reportedly advised Zebra.
Slovakia-based Photoneo is a provider of industrial 3D vision, AI-powered automation solutions, and robotic intelligence software.
Zebra Technologies is a NASDAQ-listed smart data capture technology company.
According to Dentons, “based on a patented 3D technology, Photoneo has developed the world’s highest-resolution and highest-accuracy 3D camera, thus unlocking the full potential of powerful, reliable, and fast machine learning and also reducing training and deployment time. Following the acquisition, the Photoneo Brightpick Group will be renamed Brightpick and continue operating as an independent entity. The proceeds from this deal will enable Brightpick to accelerate its growth, develop new products, and bring its AI robots to even more customers around the world.”
The Dentons team included Budapest-based Partner Rob Irving, Counsel Kamran Pirani, Senior Associate Sebastian Ishiguro, Associates Brigitta Kovacs and Aliz Wulcz, and Trainees Abbey Varns and Alen Gavric, Bratislava-based Partners Juraj Gyarfas and Stanislav Durica, Senior Associates Drahomir Siroky, Michal Zathurecky, and Tomas Pavelka, and Associate Erik Kozurik, as well as furhter team members in Washington, DC, and Munich.
