ABB – ABB acquires R&D engineering company to further advance AI and software-driven automation

• Latest ABB investment will accelerate capabilities in software engineering and AI-based applications including machine learning and vision
• Acquisition will serve as new R&D hub to accelerate development of AI-powered solutions from ABB’s Machine Automation division (B&R) focused on industries such as logistics and manufacturing

ABB announced today 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.

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