ABB seeking to drive AI and automation

22 January 2024 09:18

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Zurich/Sarajevo - ABB is seeking to drive the further development of its software-based automation technology. To this end, the company is acquiring a range of businesses that are active in the field of research and development. These include Meshmind from Bosnia and Herzegovina.

The pioneering technology leader ABB is investing extensively in the areas of software development and applications powered by Artificial Intelligence (AI). To this end, the group has struck a deal to purchase a majority shareholding in Meshmind, a software service provider from Bosnia and Herzegovina, further details of which can be found in a press release. With this acquisition, ABB is bringing together engineering talents, AI and software expertise in a new global research and development competence center, with the aim of further accelerating the development of innovative automation solutions in ABB’s Machine Automation division (B&R), as the company writes in the press release.

“AI-powered robotics and automation have the power to transform industries, providing businesses with greater flexibility and intelligence amidst critical global trends and workforce challenges”, comments Sami Atiya, President of the ABB Robotics and Discrete Automation business area, in the press release. “Through this acquisition, we will further accelerate the development of our software and AI-powered solutions to make automation more adaptive and accessible, enabling businesses of all sizes to become more resilient”, he adds. Following the takeover, Meshmind’s 50 employees are to be integrated in ABB’s creative team.

Already this January, ABB has acquired Sevensense, a leading supplier of AI-driven 3D vision navigation technology for autonomous mobile robots (AMR). ce/ww

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