July 27, 2017 11:40 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Advanced Vision Technology (A.V.T.) Ltd.

Company Overview

Advanced Vision Technology (A.V.T.) Ltd. designs, develops, manufactures, markets, and supports video based print inspection systems, closed loop color control systems, color management and reporting software, and remote digital ink fountain control systems to commercial printers and press manufacturers worldwide. Its products include Jupiter for on-press automatic inspection; Apollo Turbo, a quality assurance solution; Helios II/Helios S/ Helios S Turbo/ Helios Turbo HD, an inspection platform that supports label and narrow Web applications and workflows; Argus Turbo/Argus E Turbo/ Argus Turbo HD, a process control and quality assurance solution; pRegister, an automatic register pre-setting...

6 Hanagar Street

PO Box 7295

Hod Hasharon,  45241

Israel

Founded in 1992

244 Employees

Phone:

972 9 761 4444

Fax:

972 9 761 4555

Key Executives for Advanced Vision Technology (A.V.T.) Ltd.

Chief Executive Officer and President
Age: 59
Chief Financial Officer
Chief Operating Officer
Chief Business Officer and President of Asia Pacific Middle East & Africa
Age: 62
President of AVT Inc
Compensation as of Fiscal Year 2017.

Advanced Vision Technology (A.V.T.) Ltd. Key Developments

Advanced Vision Technology Ltd. Reports Earnings Results for the Fourth Quarter and Full Year 2016

Advanced Vision Technology Ltd. reported earnings results for the fourth quarter and full year 2016. For the quarter, the company reported revenues totaled $15.2 million, compared with $13.0 million in the same period last year, an increase of 16.4%. Net income was $1.7 million, compared with net income of $0.7 million in 2015. For the year, the company reported revenues increased by 11.2% compared to 2015. The company generated $57.3 million in revenues in 2016, compared to $51.5 million in 2015. Operating income in 2016 totaled $5.0 million, compared to $4.1 million in 2015, an increase of 22.3%. Net income in 2016 was $4.1 million, or a profit of $0.67 per share (diluted), compared with $2.8 million or a profit of $0.45 per share (diluted), in 2015.

Advanced Vision Technology's Shares To Be Delisted From Frankfurt Stock Exchange Upon Closing Of Acquisition

Advanced Vision Technology Ltd. (AVT) to be acquired by the Danaher Corporation's Product Identification Platform. AVT signed a definitive agreement with Pelican Merger Holdings Israel Ltd. and Pelican Merger Sub Ltd. as a consequence of which AVT will be acquired by Danaher Corporation's Product Identification Platform. Pelican Merger Holdings Israel Ltd. has agreed to pay €14.50 (fourteen euros and fifty euro cents) in cash for each ordinary share of AVT. Shareholders of AVT will receive €14.50 (fourteen euros and fifty euro cents) per ordinary share. It is intended to effect delisting of AVT shares from Frankfurt Stock Exchange following closing of transaction.

Advanced Vision Technology (A.V.T.) Ltd. to Report Q1, 2017 Results on May 31, 2017

Advanced Vision Technology (A.V.T.) Ltd. announced that they will report Q1, 2017 results on May 31, 2017

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 6, 2017
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