Cognex Expects To Grant Restricted Stock Units Valued At ~$50M Under Its Existing 2023 Stock Option And Incentive Plan Dependent On Grant-Date Share Price
Under the terms of the agreement, Cognex will acquire RealSense for approximately $500 million, financed entirely from existing cash and investments on its balance sheet. Cognex also expects to provide a three-year
Cognex is buying a company called RealSense for $500 million using money it already has. The company will give some employees about $50 million in special stock rewards as part of the deal.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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