# SKF acquires AI company Presenso

SKF has signed an agreement to acquire Presenso Ltd, a company that develops AI-based predictive maintenance software, to strengthen its Rotating Equipment Performance offering.

- Type: Acquisition
- Announced: 2020-03-19
- Status: announced
- Products: AI-based predictive maintenance software
- Sectors: [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

- [evolution.skf.com](https://evolution.skf.com/skf-acquires-industrial-ai-company/), 2020-03-19: "Together we will change the way industry looks at reliability and make AI an integrated part of production."

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