(Perceptron: Plymouth, MI) -- Perceptron Inc., developer of noncontact 3D machine vision instruments and software solutions for industrial measurement, inspection, and robot guidance applications, has reached agreements to acquire two European metrology companies.

The companies are:
• Coord3 Industries, a mid-market designer and builder of a full range of high-quality and high-performance coordinate measurement machines (CMMs), based in Turin, Italy
• Next Metrology Software, a developer of CMM operating software and the TouchDMIS, based in Prague

The Next Metrology Software acquisition closed on Jan. 29, 2015. The Coord3 Industries acquisition is expected to close in February 2015, subject to customary closing conditions. The total value of the transactions will be approximately $15.9 million, in a combination of cash and assumed debt. The combined companies have approximately $15 million in annual revenue. Management expects the transactions will be accretive by the end of fiscal 2016.

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