# Norda Stelo acquires BEAP to strengthen asset durability strategy

Norda Stelo announced the acquisition of BEAP, a technology and AI company, to launch the Norda Stelo Solutions Inc. division. The deal includes BEAP's asset data management platform and aims to improve industrial asset management.

- Type: Acquisition
- Announced: 2022-02-01
- Where: Québec, Canada
- Status: completed
- Products: asset data management platform, AI solutions for asset durability
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Norda Stelo](https://endata.com/companies/60756.md) (acquirer)
- [BEAP](https://endata.com/companies/60757.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/norda-stelo-strengthens-its-growth-strategy-in-asset-durability-with-the-acquisition-of-beap-808579399.html), 2022-02-01: "We are thrilled to welcome BEAP to our ranks."

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