# 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.

- Type: Acquisition
- Announced: 2018-04-26
- Where: United States
- Status: completed
- Products: predictive analytics software, preventive maintenance software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Uptake](https://endata.com/companies/18560.md) (acquirer)
- [Asset Performance Technologies](https://endata.com/companies/18561.md) (target)

## Sources

- [automationworld.com](https://www.automationworld.com/products/data/news/13318625/acquisition-deepens-uptakes-foray-into-energy-and-other-asset-intensive-industries), 2018-04-26: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.