Atlas Buys Isra for $1.2 Billion as It Moves Into Software (2)

Atlas Copco AB agreed to acquire Isra Vision AG for about 1.1 billion euros ($1.2 billion) as the Swedish maker of tools and compressors moves deeper into industrial software for robots and factory automation.

Shareholders of the 3D machine-vision company will receive 50 euros-a-share, Atlas Copco said in a statement on Monday. Founder and Chief Executive Officer Enis Ersue -- along with other executives and some investors -- have committed their combined 35% stake. Already one of Germany’s top performers in the past decade, Isra Vision jumped another 44%, in line with the offer price.

“This is really a growth ...