# Uptake acquires ShookIOT to accelerate industrial AI

Uptake announced its acquisition of Edmonton-based ShookIOT to strengthen capabilities for digital transformation in asset-intensive industries such as chemical, oil & gas, and process industries.

- Type: Acquisition
- Announced: 2021-02-08
- Where: Edmonton, Canada
- Status: announced
- Products: industrial AI software, data-ingestion software, data management software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Uptake](https://endata.com/companies/18560.md) (acquirer)
- [ShookIOT](https://endata.com/companies/53097.md) (target)

## Sources

- [smartindustry.com](https://www.smartindustry.com/benefits-of-transformation/advanced-control/news/11292725/uptake-acquires-shookiot-to-speed-transformation-for-asset-intensive-industries), 2021-02-08: "Integrating ShookIOT software within Uptake's applications optimizes the preparation of industrial data for precision analytics."
- [prnewswire.com](https://www.prnewswire.com/news-releases/uptake-acquires-shookiot-to-fast-track-digital-transformation-for-asset-intensive-industries-301223332.html), 2021-02-08: "Integrating ShookIOT software within Uptake's applications optimises the preparation of industrial data for precision analytics."
- [im-mining.com](https://im-mining.com/2021/02/08/uptake-bolts-shookiot-improved-analytics-asset-intensive-industries/), 2021-02-08: "Integrating ShookIOT software within Uptake's applications optimises the preparation of industrial data for precision analytics."
- [edmontonjournal.com](https://edmontonjournal.com/business/local-business/edmonton-business-tech-startup-acquired-by-chicago-based-firm), 2021-02-15: "We’re a small startup, we started it with our own money."

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