# Atlas Copco to acquire 34% stake in Mobilaris MCE

Atlas Copco agreed to acquire 34% of Mobilaris MCE AB, a Sweden-based provider of software for underground mining operations. The acquisition is expected to close in Q3 2017.

- Type: Acquisition
- Announced: 2017-06-08
- Where: Luleå, Sweden, Sweden
- Status: announced
- Products: mining software, situational awareness, real-time positioning
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md) (acquirer)
- [Mobilaris MCE](https://endata.com/companies/24774.md) (target)

## Sources

- [epirocgroup.com](https://www.epirocgroup.com/en/media/corporate-press-releases/2017/170608-atlas-copco-to-acquire-swedish-mining-intelligence-business), 2017-06-08: "Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire part of Mobilaris MCE AB."
- [thedriller.com](https://www.thedriller.com/articles/90906-atlas-copco-acquisition-advances-digital-mining-solutions), 2017-07-18: "We are delighted to deepen our partnership with the innovative team from Mobilaris."

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