# 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.

- Type: Acquisition
- Announced: 2019-10-07
- Where: Haifa, Israel
- Status: announced
- Products: predictive maintenance algorithms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SKF](https://endata.com/companies/4959.md) (acquirer)
- [Presenso Ltd.](https://endata.com/companies/42563.md) (target)

## Sources

- [calcalistech.com](https://www.calcalistech.com/ctech/articles/0,7340,L-3771623,00.html), 2019-10-07: "Stockholm-listed SKF Group has agreed to acquire Haifa-based predictive maintenance startup Presenso Ltd."
- [prnewswire.com](https://www.prnewswire.com/news-releases/skf-acquires-industrial-ai-company-300932875.html), 2019-10-07: "SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software."

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