# Danfoss completes full acquisition of Artemis Intelligent Power

Danfoss completed the full acquisition of Artemis Intelligent Power, an Edinburgh-based hydraulic R&D company. The deal lets Danfoss commercialize its Digital Displacement pump technology globally, and about 60 employees joined Danfoss.

- Type: Acquisition
- Announced: 2021-01-14
- Where: Edinburgh, Scotland, United Kingdom
- Status: completed
- Products: Digital Displacement pump technology, hydraulic systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Artemis Intelligent Power](https://endata.com/companies/4086.md) (target)

## Sources

- [danfoss.com](https://www.danfoss.com/en/about-danfoss/news/dps/danfoss-completes-full-acquisition-of-artemis-intelligent-power/), 2021-01-14: "The acquisition enables Danfoss’ commercial rollout of its revolutionary Digital Displacement® pump technology globally."

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