# Augury acquires Seebo for up to $200M

Augury, an IoT and industrial AI solutions provider, signed a definitive agreement to acquire Seebo, a leader in AI-based process intelligence, for a combination of cash and stock valued between $100 million and $200 million.

- Type: Acquisition
- Announced: 2022-05-10
- Where: United States
- Value: $150.0M
- Status: announced
- Products: IoT and industrial AI solutions, process-based artificial intelligence
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Augury](https://endata.com/companies/19928.md) (acquirer)
- [Seebo](https://endata.com/companies/62794.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220509005738/en/Augury-Acquires-Process-Based-AI-Company-Seebo-Targets-%241-Trillion-in-Untapped-Capacity-for-Manufacturers-and-Industry), 2022-05-10: "Augury today announced it has signed a definitive agreement to acquire Seebo, a leader in AI-based process intelligence."

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