WEG “Migrates” To The Technology Sector and Acquires BirminD, A Company Operating In The Field of Artificial Intelligence

The Technology Company Acquired by WEG Specializes in Artificial Intelligence for Industrial Processes

WEG, a Brazilian company leading the segment of electric technologies and industrial automation, recently announced the acquisition of BirminD, a company specializing in artificial intelligence technology for industrial processes. Previously, WEG already held a 51% stake in BirminD and has now completed the total acquisition of shares, reinforcing its commitment to the development of innovative digital solutions.

Growth in Digital Business and Smart Technologies

The acquisition of BirminD is a fundamental part of WEG’s growth strategy in digital business. Since 2020, BirminD’s technology has been integrated into WEG’s solutions, such as the B-WISE products and Motion Drive Operation Center (MDOC). These services provide advanced monitoring of industrial assets, using data sensors and diagnostics based on artificial intelligence and machine learning algorithms.

By acquiring BirminD, WEG strengthens its capacity to develop new products and services aimed at optimizing asset management, energy, and the execution of its clients’ operations. The integration of artificial intelligence technologies from BirminD expands WEG’s range of solutions, allowing for a more intelligent and efficient approach to industry demands.

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In a statement to the Securities and Exchange Commission (CVM), WEG emphasizes that this acquisition is in perfect alignment with its strategic vision for expansion in the digital market. With technological advancement, the company is prepared to offer increasingly innovative and customized solutions, meeting the specific needs of its clients.

With the incorporation of BirminD, WEG reinforces its commitment to driving the industry towards Industry 4.0, using cutting-edge technologies to enhance the efficiency and sustainability of industrial processes. The investment in artificial intelligence represents an important step in WEG’s digital transformation journey, which continues to lead the market with cutting-edge solutions and a forward-looking vision.

A Strategic Alliance for Industrial Innovation

The acquisition of BirminD by WEG is a strategic alliance that represents an important milestone in the company’s journey towards industrial innovation. By combining its expertise in electric technologies and automation with BirminD’s specialization in artificial intelligence, WEG strengthens its position as an industry leader and boosts its growth in digital business.

The incorporation of BirminD will enable WEG to offer even smarter and advanced solutions, driving the efficiency and competitiveness of industries worldwide. With a focus on the future and a strategic vision, WEG continues to revolutionize the industry, providing a more sustainable and technologically advanced business environment.

The acquisition of BirminD is an investment in the potential of artificial intelligence to transform the industry, optimizing processes and driving productivity. With an approach focused on innovation and excellence, WEG is ready to lead the industrial revolution of the 21st century, providing its clients with a competitive advantage through cutting-edge digital solutions.