SymphonyAI Group Acquires Azima Global (Symphony AzimaAI)
May 15, 2019
SymphonyAI Group acquired Azima Global, a provider of cloud-based machine condition monitoring, diagnostic and analytics solutions for process and manufacturing industries, and has renamed the business Symphony AzimaAI. The deal integrates Azima's equipment diagnostics and domain expertise with SymphonyAI's eurekaAI platform to deliver AI-driven predictive maintenance and asset reliability solutions and support product, equipment-coverage and geographic expansion.
- Buyers
- SymphonyAI Group
- Targets
- Azima Global
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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