ATS Acquires Belgium-Based Yazzoom BV; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
ATS has acquired Belgium-based Yazzoom BV, a provider of AI and machine learning-based tools for industrial production. Yazzoom will join ATS' Process Automation Solutions business, a leading provider of automation and digitalization solutions for the process and manufacturing industries.
July 05, 2023 | 10:48 am
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ATS has acquired Yazzoom BV, which could potentially enhance its Process Automation Solutions business with AI and machine learning capabilities.
The acquisition of Yazzoom BV, a provider of AI and machine learning tools, could potentially enhance ATS' Process Automation Solutions business. This could lead to improved offerings and potentially increased revenues, which could have a positive impact on ATS' stock price in the short term.
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