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ABB acquires majority of Meshmind to boost AI and software automation · Endata

◂ Announcements

Apr 3, 2024ACQUISITIONSarajevo, Bosnia, Bosnia & Herzegovina

ABB acquires majority of Meshmind to boost AI and software automation

ABB has agreed to acquire a majority of 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).

Status

Announced

ProductsAI-powered automation solutionsdeep learning vision systemsIoT apps

CompaniesABB acquirer Meshmind target

Sectors#Automation and Robotics #Industrial Machinery

“AI-powered robotics and automation have the power to transform industries.”mechatronicscanada.ca

1 source
mechatronicscanada.caABB Acquires R&D Engineering Company to Further Advance New AI and Software-Driven Automation - Mechatronics CanadaKrystie JohnstonApr 3, 2024

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

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