Cognex completes sale of Japan trading unit for $11.9 million By Investing.com
Cognex Corporation announced the completion of the sale of its Japan-focused trading business for approximately $11.9 million. This divestiture, which closed earlier than expected, involved a business that generated about $16 million in revenue in 2025. Despite the sale, which is not expected to materially affect operations, Cognex shares have surged, and the company has received multiple analyst upgrades due to strong financial performance and cost reduction efforts.
https://in.investing.com/news/company-news/cognex-completes-sale-of-japan-trading-unit-for-119-million-93CH-5324644