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Israeli Robotics Firm RealSense Sells for $600 Million, Employees to Become Millionaires

By Софи Шульман, КалькалистOngoing story · 5 updates
Translated & summarized from Vesty by baba
The story · English

Israeli robotics company RealSense has been sold for $600 million to American firm Cognex, a deal that will make many of its employees millionaires. The acquisition, announced on Tuesday, September 22, sees Cognex, valued at $10 billion, purchase RealSense, which specializes in "computer vision" technologies that enable robots and autonomous systems to perceive and analyze their 3D surroundings.

This sale comes just 14 months after RealSense was spun off from tech giant Intel, which had reportedly considered the smaller company unpromising and intended to close it. Under the terms of the deal, $500 million will be paid in cash, with an additional $106 million allocated to employees through stock and cash bonuses.

RealSense employs 180 people, with 135 based in Israel at offices near Intel's Haifa complex. CEO Nadav Orbach stated that all Israeli employees will receive at least one million shekels, with many receiving significantly more. Orbach, 46, credited the team's "technological superiority and hard work" for the company's rapid growth and the successful sale, emphasizing that "every employee will reap the fruits of the common success."

RealSense's technology allows machines to recognize objects, measure distances, and navigate safely without human intervention, finding applications in fields ranging from medicine to security. The company boasts over 4,500 clients. Intel had acquired RealSense in 2015 amid interest in 3D imaging and facial recognition, but after limited success, released the company in July 2025.

Following its independence, RealSense secured approximately $50 million in investment capital, expanded its market reach, hired new staff, and tripled its revenue. Preliminary estimates project its 2026 revenue to be between $80 million and $90 million.

Read the original at Vesty
Full coverage · 14 outlets
75% centerFirst: Globes · Sep 22

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