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Augury Acquires Process-Based Ai Company Seebo, Targets $1 Trillion In Untapped Capacity For Manufacturers And Industry

RECENTLY ACQUIREDMay 10, 2022

Acquiring Company

Augury

Acquired Company

Seebo

New YorkInformation TechnologySoftwareManufacturingSoftwareScience And EngineeringArtificial Intelligence

Description

Augury, the leading provider of IoT and Industrial AI solutions that improve health and reliability of machines for manufacturing and industry, today announced it has signed a definitive agreement to acquire Seebo, a leader in AI-based process intelligence. The deal is a combination of cash and stock and is valued between $100 million and $200 million.

Quick answer

Augury is acquiring Seebo for $1000 billion, announced May 10, 2022. Augury is based in New York, New York, United States.

How much did Augury pay for Seebo?
The reported deal value is $1000 billion.
What does Augury do?
Augury’s mission is to build a world where people can always rely on the machines that matter, by providing its customers with superior insights into the health and performance of the machines they use to make products,..
Where are Augury and Seebo based?
Augury is based in New York, New York, United States.
Who are the decision-makers at Augury?
Fundz holds 2 contacts at Augury. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Augury

Location

New York, New York, United States

About

Augury’s mission is to build a world where people can always rely on the machines that matter, by providing its customers with superior insights into the health and performance of the machines they use to make products, deliver services and improve lives. To learn more, visit augury.com.

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Frequently asked

Who acquired Seebo?

Seebo was acquired by Augury, based in New York. The deal was reported on May 10, 2022. Augury is privately held and operates in Information Technology.

When did Augury acquire Seebo?

Augury's acquisition of Seebo was reported on May 10, 2022. Augury, the leading provider of IoT and Industrial AI solutions that improve health and reliability of machines for manufacturing and industry, today announced it has signed a definitive agreement to acquire Seebo, a leader in AI-based process intelligence. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Seebo do?

Seebo helps customers unlock the full potential of their production lines. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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