SKF acquires Presenso
16/01/2020
Stockholm-listed SKF Group has agreed to acquire Haifa-based predictive maintenance start-up Presenso Ltd, the Israeli company has announced.Founded in 2015, Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures. The company has raised $3 million (approximately £2.3 million) to date. All of Presenso’s employees will be integrated into SKF, according to the company’s statement.