# Uster Technologies to acquire Elbit Vision Systems

Elbit Vision Systems Ltd. (EVS), a producer of machine vision inspection systems for textiles, has agreed to be acquired by Switzerland-based Uster Technologies AG for approximately $32 million enterprise value. The transaction is expected to close in Q2 2018.

- Type: Acquisition
- Announced: 2018-02-12
- Where: Caesarea, Israel
- Value: $32.0M
- Status: announced
- Products: machine vision inspection systems for textiles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Uster Technologies AG](https://endata.com/companies/18263.md) (acquirer)
- [Elbit Vision Systems Ltd.](https://endata.com/companies/18264.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/2018/02/elbit-vision-systems-announces-acquisition-by-uster-technologies-ag/), 2018-02-12: "Elbit Vision Systems Ltd. announced today that it has agreed to be acquired by Switzerland-based Uster Technologies AG."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.