Stockholm-Listed SKF Acquires Israeli Predictive Maintenance Startup Presenso
Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures
14:0607.10.19
Stockholm-listed SKF Group has agreed to acquire Haifa-based predictive maintenance startup Presenso Ltd., the latter announced Monday. The financial details of the acquisition were not disclosed.
Presenso co-founders Deddy Lavid (left), David Almagor, and Eitan Vesely. Photo: PR
Founded in 2015, Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures. The company has raised $3 million to date. All of Presenso’s employees will be integrated into SKF, according to the company’s statement.
Presenso co-founders Deddy Lavid (left), David Almagor, and Eitan Vesely. Photo: PR
