# WEG acquires remaining stake in AI startup Mvisia

WEG announced an agreement to buy the remaining stake in Mvisia, a startup specializing in artificial intelligence and computer vision for industry. The value was not disclosed. WEG had previously acquired 51% of Mvisia in June 2020.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Brazil
- Status: announced
- Products: artificial intelligence, computer vision for industry
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [WEG](https://endata.com/companies/1550.md) (acquirer)
- [Mvisia](https://endata.com/companies/48086.md) (target)

## Sources

- [valor.globo.com](https://valor.globo.com/empresas/noticia/2022/12/01/weg-compra-participao-restante-na-startup-mvisia.ghtml), 2022-12-01: "Este movimento está alinhado com a crescente automação de sistemas industriais que estão convergindo para a adoção da digitalização, conectividade e inteligência artificial na busca de ganho de eficiência e racionalização de uso de recursos"

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