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Full coverage· Tech· Updated

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

Israeli tech firm RealSense, specializing in Physical AI, has been acquired by U.S. company Cognex for $600 million. The deal will make most of its 135 Israeli employees millionaires and establishes RealSense as Cognex's Israeli development hub.

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Israeli Tech Firm RealSense Sells for $600 Million, Employees Become Millionaires
Illustration by baba

What happened

  1. 01RealSense acquired by Cognex for $600 million.
  2. 02Deal makes most of RealSense's 135 Israeli employees millionaires.
  3. 03Company pioneers "Physical AI" for robots and autonomous systems.
  4. 04RealSense was spun off from Intel about a year ago.
  5. 05Nadav Urbach will continue as CEO of RealSense.
Translated and summarized by baba from Ynet, the latest report. Read Ynet’s original

The coverage

13 newsrooms on this story

Who covered it

  • LeftNone
  • Centre5
  • Right2
  • HarediNone
  • ArabNone
  • Other6+1

How it broke

See which of the 13 newsrooms broke it, and who waited