Swedish bearing manufacturer SKF (STO: SKFA) Goteborg, Sweden, has completed the previously announced acquisition of Presenso Ltd., Haifa, Israel. Terms of the transaction were not disclosed.
Presenso is a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies that were previously difficult to detect, automatically and without the need to employ data scientists.
Presenso's competence will be used to strengthen SKF's Rotating Equipment Performance offer.
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