VelocityEHS Acquires Kinetica Labs
July 21, 2021
VelocityEHS, the Chicago-based provider of cloud EHS and sustainability software, has acquired Ann Arbor-based Kinetica Labs, a developer of sensorless motion-capture and computer vision technology for workplace ergonomics. The acquisition brings Kinetica's AI and machine-learning capabilities into VelocityEHS's Industrial Ergonomics solution to accelerate product innovation and automated MSD risk assessments.
- Buyers
- VelocityEHS
- Targets
- Kinetica Labs
- Industry
- AI & Machine Learning
- Location
- Michigan, United States
- Transaction Type
- Buyout
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