Camtek Ltd. (Nasdaq: CAMT) (TASE: CAMT), a leading developer and manufacturer of inspection and metrology equipment for the semiconductor industry, announced that it has signed a definitive agreement to acquire Visual Layer, a Tel Aviv-based AI company specialising in visual analytics.
Visual Layer was founded by Danny Bickson, PhD and Amir Alush, PhD and is backed by leading Silicon Valley venture capital firms. The company brings advanced AI capabilities, including proprietary technology and a highly skilled team of AI researchers and software engineers, with deep expertise in visual AI. Camtek has worked closely with Visual Layer for over a year, integrating its technology into Camtek's offerings and collaborating extensively at the R&D level, and is well-acquainted with its technology, team, and execution capabilities.
Rafi Amit, Chief Executive Officer of Camtek, commented: "AI has been a strategic priority for Camtek, and the acquisition of Visual Layer marks a significant step up in the depth and pace of our development. Visual Layer's technology and team are a natural extension of what we have been building at Camtek, and we are confident this acquisition will allow us to address the increasingly demanding requirements of today's market. The Visual Layer team aligns well with Camtek's values of innovation and focus on customer needs. Having worked alongside them for over a year, we have seen that alignment in practice, which underlies my conviction that this acquisition will be highly accretive to Camtek's long-term capabilities."
Lior Aviram, Executive Chairman of Camtek, added: "The direction of our industry is clear. AI-driven inspection and metrology will increasingly define the competitive landscape in the coming years, and Camtek is positioning itself to lead that transition. We expect to see tangible positive impact already in the near-term in terms of improved product throughput and performance. We also see a meaningful opportunity and potential beyond our core business to build AI-driven software and analytics offerings that could, over time, open an additional and recurring revenue stream for Camtek."
Danny Bickson, Chief Executive Officer & Amir Alush, Chief Technology Officer of Visual Layer, said: "Semiconductor manufacturing is one of the most demanding and strategically important industries in the world, and Camtek has earned its position at the centre of it. Visual Layer was built from the ground up for the challenges of industrial visual intelligence, and our work with Camtek over the past year has shown us directly how AI technology can significantly improve capabilities in production environments. Joining Camtek gives us the platform, the customer access, and the scale to make a real impact. Our ambition is to help grow Camtek's AI group into a leading centre of excellence in the field, attracting top talent."
The transaction is subject to customary closing conditions and is expected to close in the next few weeks. Financial terms of the transaction were not disclosed.
Additional information will be provided with the announcement of its first quarter 2026 results, expected in May 2026.