# Kurita Water Technologies acquires 50.1% stake in Fracta

Kurita Water Technologies Ltd. made a strategic investment of US$37 million to acquire 50.1% equity in Fracta, Inc., a U.S.-based AI software company for the water sector.

- Type: Acquisition
- Announced: 2018-05-30
- Where: United States
- Value: $37.0M
- Status: completed
- Products: AI software for water sector
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Kurita Water Technologies](https://endata.com/companies/32423.md) (acquirer)
- [Fracta](https://endata.com/companies/32424.md) (target)

## Sources

- [bluefieldresearch.com](https://www.bluefieldresearch.com/research/fracta-ai-takeover-maps-kurita/), 2018-06-06: "The Fracta investment reaffirms Kurita's appetite for water technology innovation in the U.S."

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