Uptake acquires Asset Performance Technologies

Uptake, an AI software company, acquired Asset Performance Technologies (APT), which provides preventive maintenance software and a library of industrial equipment failure modes. The acquisition deepens Uptake's foray into energy and asset-intensive industries.

“The acquisition of Asset Performance Technologies (APT) marries Uptake’s predictive analytics software with the world’s most comprehensive library of how industrial equipment fails.”automationworld.com

• 1 source
• automationworld.comAcquisition Deepens Uptake’s Foray Into Energy and Other Asset-Intensive Industries | Automation WorldAaron HandApr 26, 2018

Summarized from public sources; check the original articles before acting on it.