SKF completes acquisition of Presenso

Gothenburg, 31 October 2019: SKF has completed the previously announced acquisition of Presenso Ltd.

Presenso is a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso’s AI capability enables production plants to find and act on anomalies that were previously difficult to detect, automatically and without the need to employ data scientists.

Presenso’s competence will be used to strengthen SKF’s Rotating Equipment Performance offer.

Aktiebolaget SKF
     (publ)

Previous press release:

7 October 2019                     “SKF acquires industrial AI company” [link]

For further information, please contact:
PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
Patrik Stenberg, 46 31-337 2104; 46 705-472 104; patrik.stenberg@skf.com

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2018 were SEK 85 713 million and the number of employees was 44 428. www.skf.com  

® SKF is a registered trademark of the SKF Group.

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