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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).
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).