ABB acquires R&D engineering firm Meshmind to advance AI and software-driven automation
The investment will accelerate the company’s capabilities in software engineering and AI-based applications including machine learning and vision
Tech leader electrification and automation, ABB announced on Jan 18 that it has agreed to acquire a majority of software service provider Meshmind to expand its research and development capabilities in AI, Industrial IoT, and machine vision. Through this acquisition, ABB will integrate engineering talent, AI, and software knowledge to form a new global R&D hub to further accelerate the development of innovative automation solutions within its Machine Automation division (B&R).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
