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ABB acquires Meshmind to boost AI and software automation capabilities · Endata

◂ Announcements

Jan 18, 2024ACQUISITIONSarajevo, Bosnia, Bosnia & Herzegovina

ABB acquires Meshmind to boost AI and software automation capabilities

ABB has agreed to acquire a majority stake in software service provider Meshmind to expand its R&D capabilities in AI, Industrial IoT and machine vision. The acquisition will create a new global R&D hub in Sarajevo, Bosnia, for ABB's Machine Automation division (B&R).

Jobs

50

Status

Announced

ProductsAI-powered automation solutionsdeep learning vision systemsIoT applications

CompaniesABB acquirer Meshmind target

Sectors#Automation and Robotics #Industrial Machinery

“Through this acquisition, we will further accelerate the development of our software and AI-powered solutions to make automation more adaptive and accessible.”br-automation.com

2 sources
br-automation.comABB acquires R&D engineering company to further advance AI and software-driven automation | B&R Industrial AutomationB&R Industrial Automation GmbHJan 18, 2024
roboticsandautomationnews.comABB acquires R&D engineering company MeshmindDavid EdwardsFeb 14, 2024

Summarized from public sources; check the original articles before acting on it.

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