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SKF acquires predictive maintenance startup Presenso · Endata

◂ Announcements

Oct 7, 2019ACQUISITIONHaifa, Israel

SKF acquires predictive maintenance startup Presenso

SKF Group agreed to acquire Haifa-based Presenso Ltd., a developer of predictive machine learning algorithms for anticipating industrial machine failures. Financial details were not disclosed. All Presenso employees will be integrated into SKF.

Status

Announced

Productspredictive maintenance algorithms

CompaniesSKF acquirer Presenso Ltd. target

Sectors#Industrial Machinery #Automation and Robotics

“Stockholm-listed SKF Group has agreed to acquire Haifa-based predictive maintenance startup Presenso Ltd.”calcalistech.com

2 sources
calcalistech.comStockholm-Listed SKF Acquires Israeli Predictive Maintenance Startup Presenso - CTechAdi PickOct 7, 2019
prnewswire.comSKF Acquires Industrial AI CompanySKFOct 7, 2019

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

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