# Danfoss acquires majority stake in Edinburgh hydraulics developer Artemis Intelligent Power

Danfoss announced it acquired a majority stake in Artemis Intelligent Power, an Edinburgh-based R&D firm specializing in hydraulic systems, gaining its Digital Displacement technology and establishing Edinburgh as a centre of excellence.

- Type: Acquisition
- Announced: 2019-01-11
- Where: Edinburgh, Scotland, United Kingdom
- Status: announced
- Products: Digital Displacement hydraulic pumps, hydraulic motors, hydraulic systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Artemis Intelligent Power](https://endata.com/companies/4086.md) (target)

## Sources

- [fluidpowerjournal.com](https://fluidpowerjournal.com/danfoss-acquires-majority-shares-disruptive-technology-leader/), 2019-01-11: "Danfoss announces the acquisition of the majority shares of Artemis Intelligent Power Ltd. (AIP), an R&D and engineering company based in Edinburgh, Scotland, specializing in hydraulic system development."

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