Intel nearly shut it down. Just 14 months later, RealSense is being acquired for approximately $600 million

A business facing closure, a team that continued to believe in its technology, and 80 employees in Israel who are each expected to receive more than NIS 1 million: just 14 months after spinning out of Intel, RealSense signed an agreement to be acquired by U.S. machine vision giant Cognex. Valued at more than $600 million, the deal marks Cognex’s largest acquisition to date and its first in Israel.

Physical AI company RealSense develops the eyes and brains behind the next generation of robots: technology that enables them to see, understand their surroundings, and act within them. The company became independent in July 2025, raising approximately $50 million. In just over a year, it went from a division with an uncertain future to a company being acquired for hundreds of millions of dollars. Following the completion of the acquisition, its operations will remain in Israel and become Cognex’s local R&D center.

The announcement received extensive, positive coverage across the Israeli media.