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WEG acquires controlling stake in Mvisia · Endata

◂ Announcements

Jun 24, 2020ACQUISITIONBrazil

WEG acquires controlling stake in Mvisia

Brazilian motors and controls manufacturer WEG acquired a 51% controlling stake in Mvisia, a Brazilian AI machine vision start-up, as part of its digital solutions strategy.

Status

Announced

ProductsAI machine vision systemscomputer vision hardware and software

CompaniesWEG acquirer Mvisia target

Sectors#Automation and Robotics #Industrial Machinery

“With this acquisition, we will include in our digital ecosystem a technology for capturing, filtering, processing and storing data through images.”drivesncontrols.com

1 source
drivesncontrols.comWEG takes control of Brazilian AI machine vision start-up - Drives&ControlsdrivesJun 24, 2020

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

More from WEG

Sep 18, 2024ACQUISITIONTürkiye$88.0M
WEG acquires Turkish motor maker Volt Electric Motors for $88M
WEG acquirer Volt Electric Motors target pumpindustry.com
Sep 27, 2022EXPANSIONJaraguá do Sul, Santa Catarina, Brazil$124.5M
WEG to invest R$660 million in new industrial motor plant and expansion in Jaraguá do Sul
WEG trademap.com.br
Sep 2, 2022NEW FACILITYSanto Tirso, Portugal$23.5M100 jobs
WEG to build EUR 23.5M electric motor plant in Santo Tirso, Portugal
WEG amanha.com.br
Jul 15, 2022CONTRACTGulf of Mexico, United States
WEG to supply electrical equipment for modular floating LNG liquefaction project
WEG supplier valve-world.net
Sep 18, 2021CONTRACTFrutal, Minas Gerais, Brazil, Brazil$2.80M
WEG to supply steam turbine and generator for Cerradão ethanol plant
WEG supplier Cerradão ethanol plant customer en.clickpetroleoegas.com.br
Sep 15, 2021NEW FACILITYWashington, Missouri, United States$17.0Mops 15 Sep 2021
WEG opens $17M transformer plant in Washington, Missouri
WEG weg.net

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