BNET Industries
Market Cap:$686.1M
Last Fiscal Year Sales:$242.6M
- Public
- US
Dow Jones Description
Cognex SmartView surface inspection systems enable you to detect, identify, and visualize defects on the surfaces of products that are manufactured in a continuous fashion such as metals, paper, plastics, and nonwovens. In today's highly competitive marketplace, increasing demands are being placed on manufacturers to improve efficiency and increase productivity. As you run your lines at faster speeds, you consequently risk an increase in the occurrence of defects. You need a cost-effective solution that provides you with the maximum return-on-investment. Cognex can meet your needs. With over 20 years of experience in challenging machine vision applications, Cognex uses the right combination of lighting, image acquisition, and image processing software to suit your application. Only Cognex's advanced inspection technology ensures real-time detection of defects on your strip or web surfaces, while our special surface inspection software can be easily configured to provide unparalleled, automatic identification and visualization of your surface defects.
President
Jerald G. FishmanNumber of Employees 832
Contact Information
One Vision Dr
Natick, Massachusetts 01760-2059
(508) 650-3000
Peer Companies
NAICS Code Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables: 334513
Recent Events
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Cognex Q3 Profit Plunges - Quick Facts
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Cognex CGNX Declares $0.05 Quarterly Dividend; 1.2% Yield
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Cognex Schedules 3Q Earnings Release and Conference Call
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Cognex Receives Second Settlement in Vision Software Patent Dispute
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Cognex Receives Settlement in Patent Dispute
News & Analysis
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cognex - All News and Analysis
Cognex Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Richard Eastman – Robert W. Baird & Co., Inc. Richard Eastman – Robert W. Baird & Co., Inc. Just a couple of things, one is in the factory automation business could you just provide maybe a little...
Cognex: Will Q2 Be the Bottom?
Zacks.com submits: By Abdul Saleh Cognex Corp. (CGNX, Hold) recently reported its Q1 fiscal results, which were dismally poor and provided no specific guidance going forward. Moreover, the company indicated that Q2 is expected to be down sequentially, and a loss from continuing operations is likely. by Zacks.com
Cognex Corporation Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. [Operator Instructions]. Richard Morin I have a question, operator? Operator Go ahead. Richard Morin Where are the questions? Operator The first question comes from Richard Eastman from Robert W. Baird. Richard Eastman - Robert W. Baird Hi. Just a couple of things. One, Dr. Bob,...
Cognex Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Charles Murphy - Sidoti & Company, LLC. Charles Murphy - Sidoti & Company, LLC Could you just talk a little bit about the linearity of the orders? I mean, how have January and February fared relative to November and...
Cognex Corp. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions I do show a few questions, our first, coming from Antonio Antezano with Macquarie Capital. Antonio Antezano - Macquarie Capital Good evening. Bob Shillman Hi, Anthony. Antonio Antezano - Macquarie Capital I was wondering in terms of your outlook for Q4 by...
Cognex Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Our first question comes from Robert Eastman with Robert Baird. Rick Eastman - Robert Baird This is his brother Rick. Richard Morin Hi, Rick. Rick Eastman - Robert Baird Just a couple of things. One is, could you just give...
Justin Testa
Cognex Corp. promoted Justin Testa to executive vice president, reporting to president Dr. Robert J. Shillman. Testa, who joined Cognex in 1983 as a sales engineer, has held a variety of positions in sales and marketing organization, most recently group business manager of Modular Vision Systems Division. He has a...
Cognex Claims US Patent Violation against MVTec and Fuji
MUNICH, Germany -- Cognex, a US corporation, has filed a complaint against MVTec Software GmbH, a German company, MVTec LLC, the US sales and support center of MVTec Software in Boston, MA, and Fuji America Corporation, a US subsidiary of Fuji Machine Mfg. The complaint was filed in the United...
Cognex Sues MvTec
Lawsuit Claims Infringement of Cognex's Machine Vision Patents
Cognex Wins Patent Case against Acacia Research Corporation and Veritec, Inc
Court Rules Patent Invalid and Unenforceable
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jerald G. Fishman | President |
| Robert Willett | President |
| Thomas F. Nash | President, Surface Inspection Systems Division (Sisd) |
| Morris Gelb | Coo & Executive Vice President |
| Richard A. Morin | Cfo, Treasurer, Senior Vice President, Finance & Admin |
| Markku Jaaskelainen | Executive Vice President and President, Webpc |
| Patrick Alias | Executive Vice President |
| E. John McGarry | Senior Vice President, R & D |
| Edward J. Dineen | Senior Vice President |
| James W. Bayer | Senior Vice President |
| John A. Hollinshead | Senior Vice President |
| Kerry A. Galvin | Senior Vice President |
| Kris Nelson | Senior Vice President, Sales, Americas |
| William Silver | Senior Vice President & Senior Fellow |
| Bart C. De Jong | Vice President |
| Didier Lacroix | Vice President |
| Ettore Cucchetti | Vice President |
| Herb Lade | Vice President |
| Hisataka Shitara | Vice President |
| Michael Steir | Vice President |
| Patricia Bautz | Vice President |
| Peter Neve | Vice President of Global Marketing |
| Robert Settle | Vice President |
| Stanley Luboda | Vice President |
| Todd Keebaugh | Vice President |
| Bob Chiricosta | Director, Marketing |
| Pascal Dorster | Senior Director, Vision Sensors Business Unit |
| Susan M. Conway | Director, Investor Relations |
| Jeannie Vineyard | Qa Manager |
| Marilyn Matz | Senior Vice President & Manager, Vision Software Business Unit |
| Robin Pratt | Senior Manager, Corporate Communications |
| Anthony Sun | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward J. Smith | Board of Directors |
| Reuben Wasserman | Board of Directors |
| Theodor Krantz | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | President | Current |
| Analog Devices, Inc. | President, Chief Executive Officer and Director, Analog Devices, Inc. | Current |
| Cognex Corporation | Board of Directors | Current |
| Xilinx, Inc. | Board of Directors | Current |
| Analog Devices, Inc. | Director | Current |
| Analog Devices, Inc. | Chief Operating Officer | Former |
| Analog Devices, Inc. | Executive Vice President | Former |
| Analog Devices, Inc. | Group Vice President-Components | Former |
| Analog Devices, Inc. | General Manager, Analog Devices Semiconductor | Former |
| Interwest, Inc. | General Partner | Former |
| Suffolk University Law School | Juris Doctor Degree | Former |
| Boston University | MBA | Former |
| Northeastern University | MSEE Degree | Former |
| United States Air Force | member | Former |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | President | Current |
| Cognex Corporation | President, Modular Vision Sys Division & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | President, Surface Inspection Systems Division (Sisd) | Current |
| Circuitnet LLC | Vice President of Marketing | Current |
| BTU International, Inc. | Vice President, Global Sales | Former |
| BTU International, Inc. | Issuer | Former |
| The Black & Decker Corporation | Former | |
| Babson College | MBA | Former |
| Boston College | B.S. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Coo & Executive Vice President | Current |
Mr. Morin is responsible for the company's Finance, Investor Relations, Information Technology, Facilities, Tax, Treasury, Legal, and Corporate Employee Services departments. Mr. Morin joined Cognex in 1999 after 10 years as Chief Financial Officer for C & K Components, Inc., an international manufacturer of electronic components and security systems, where he led the company's growth from $100 million to $200 million in revenue. Mr. Morin also served as Corporate Controller and Vice President of Finance for Jamesbury Corporation. He holds a BA in Economics and Accounting from The College of the Holy Cross, and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Cfo, Treasurer, Senior Vice President, Finance & Admin | Current |
| Jamesbury | Vice President of Finance | Former |
| Jamesbury | Corporate Controller | Former |
| Cognex Corporation | Board of Directors | Former |
| College of the Holy Cross | BA In Economics and Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Executive Vice President and President, Webpc | Current |
| Cognex Corporation | Senior Vice President & General Manager, SISD | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Executive Vice President | Current |
| Cognex Corporation | Senior Vice President | Current |
| Cognex Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President, R & D | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President, Sales, Americas | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President & Senior Fellow | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Cognex Corporation | Managing Director, Cognex Central Europe | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President of Global Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Director, Marketing | Current |
| Cognex Corporation | Manager, Marketing Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Director, Vision Sensors Business Unit | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Director, Investor Relations | Current |
| Cognex Corporation | Director, Investor Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Liquid Machines, Inc. | Vice President of Engineering | Current |
| O-S Incorporated | Department Manager | Current |
| Cognex Corporation | Qa Manager | Current |
| Egenera, Inc. | Vice President of Quality and Outsourcing | Former |
| Kana Communications, Inc. | Advisor | Former |
| Raytheon Systems Company | Former | |
| Kana Communications, Inc. | Director | Former |
| University of New Hampshire | Bachelor of Science Degree In Computer Science | Former |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Vice President & Manager, Vision Software Business Unit | Current |
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Senior Manager, Corporate Communications | Current |
| Organization | Position | Status |
|---|---|---|
| A La Mobile | Managing General Partner, Venrock Associates | Current |
| Futuredial, Inc. | Managing General Partner | Current |
| Venrock Associates | Managing General Partner | Current |
| Accessline Co | Current | |
| WD Media, Inc. | Board of Directors | Current |
| Accessline Communications Corp | Board of Directors | Current |
| A La Mobile | Board of Directors | Current |
| Lavante, Inc. | Board of Directors | Current |
| Cognex Corporation | Director | Current |
| Neoconix | Board of Directors | Current |
| Futuredial, Inc. | Board of Directors | Current |
| Bivio Networks, Inc. | Board of Directors | Current |
| Polaris Networks | Board of Directors | Current |
| Asian Art Museum | Board of Directors | Current |
| Phoenix Technologies Ltd. | Director | Current |
| Massachusetts Institute of Technology | Board Member | Current |
| Ciclon Semiconductor Device Corp. | Director | Current |
| Canesta, Inc. | Board of Directors | Current |
| Inrix, Inc. | Director | Current |
| Anda Networks, Inc. | Board of Directors | Current |
| Asian Art Museum | Trustee | Current |
| Venrock Associates | Owner | Former |
| WhoWhere? Inc. | Former | |
| Hewlett-Packard Company | Former | |
| Caere Corporation | Former | |
| TRW, Inc. | Former | |
| Microsoft Corporation | Former | |
| Tumbleweed Communications Corp. | Board Member | Former |
| Worldtalk Corporation | Board Member | Former |
| WhoWhere, Inc. | Board Member | Former |
| Stratacom Inc. | Board of Directors | Former |
| Venrock Associates | Director | Former |
| Harvard Business School | M.B.A. | Former |
| Massachusetts Institute of Technology | Engineer degree | Former |
| Phoenix Technologies Ltd. | member | Former |
Mr. Smith is President of Barnegat Bay Capital, a consulting and independent investment banking firm. Prior to founding Barnegat Bay Capital in 2001, he spent 30 years as an investment banker, focusing primarily on technology companies, at Prudential Securities, Merrill Lynch, Shearson Lehman Brothers and Kidder Peabody. Mr. Smith was first elected a Director of Cognex Corporation in 2007. He is currently a member of the Audit Committee and Chairman of the Nominating Committee. In 2006 and 2007, Mr. Smith was a lecturer at Yale University where he taught a course called "The Corporate Board of Directors." He holds a B.A. from Yale University, and an M.B.A. from Harvard University.
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Board of Directors | Current |
Since 1985, Mr. Wasserman has been an independent consultant serving high tech corporations, venture capital firms, and serving on numerous Boards. Prior to 1985, Mr. Wasserman was Vice President of Strategic Planning for Gould Electronics, Inc. Mr. Wasserman was elected a Director of Cognex Corporation in 1990. He is currently a member of the Audit and Nominating Committees, and serves as Chairman of the Compensation/Stock Option. Mr. Wasserman also serves as a member of the Board of Overseers of Lahey Clinic, and on the Advisory Board of the Threshold Program at Lesley University.
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Board of Directors | Current |
| Gould Electronics, Inc. | Vice President of Strategic Planning | Former |
| Lahey Clinic | member | Former |
Mr. Krantz is President of Airmar Technology Inc., a world leader in ultrasonic sensors for the marine and industrial markets. From 1984 to 1999 he served as President, and later CEO, of Velcro Industries. Mr. Krantz was first elected a Director of Cognex Corporation in 2007, and currently serves on the Compensation/Stock Option Committee and as Chairman of the Audit Committee. Mr. Krantz also serves as a director and member of the audit committee at Hitchiner Manufacturing Company and at Control Air, Inc. Mr. Krantz holds a B.A. from Princeton University, and an M.B.A. from Harvard University.
| Organization | Position | Status |
|---|---|---|
| Cognex Corporation | Board of Directors | Current |
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