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Press Release

June 6, 2016

Acquisition of shares and commercial alliance for Mapvision Ltd.

Mitutoyo Corporation and Mapvision Ltd.(Helsinki, Finland) have announced to enter into a strategic alliance for the purpose of enhancing added value of in-line measurement and product line-up. In this alliance, Mitutoyo Corporation has acquired approximately 10% of issued shares with investment of newly subscribed shares.

Mitutoyo will be able to sell and provide services of Mapvision’s in-line inspection system “Quality Gate” by using Mitutoyo’s extensive global network.

“Quality Gate” system is a high speed in-line inspection system with “100% (all parts) x100% (all features)” inspection capability.  Complex welded assemblies like cross car beams, sub-frames, axels can be measured very fast within 30 seconds.  Deformation analysis of parts can be done quickly and it is easy to monitor the measures effect of production process improvements.

With its multi-camera and machine vision application software, users are free from mechanical issues and constraints by using robots and probes for measurement.  “Quality Gate” can contribute to automation and reduction of downtime for the smart factories.

The original inspection proposals can contribute to 1) protection against shipment of defected parts, 2) full automation, 3) reduction of machine cost, 4) drastic reduction of gage cost by model and bring innovation of manufacturing.