Orbotech Ltd. is engaged in the design, development, manufacture, market and service of automated optical inspection (AOI) systems for bare printed circuit boards (PCB), flat panel displays (FPD), and imaging solutions for PCB production. It operates through the Production Solutions for the Electronics Industry and Recognition Software segments. The Production Solutions for the Electronics Industry segment designs, develops, and trades automated optical inspection, automated optical repair, imaging, and production systems used in the manufacture of PCBs and other electronic components. The Recognition Software segment develops, markets, and provides solutions to financial and payment processing institutions through Orbograph. The company was founded on February 8, 1981 and is headquartered in Yavne, Israel.