Infineon Strengthens AI Analysis in New Buyout

Infineon Technologies AG has acquired the Berlin-based startup Industrial Analytics IA GmbH. Thus, Infineon is strengthening its software and services business in artificial intelligence for predictive analysis. Infineon is acquiring 100 percent of the company's shares. Both parties have agreed not to disclose the amount of the transaction. Peter Wawer, President of Infineon's Industrial Power Control division, said Industrial Analytics has outstanding expertise in predictive analysis for industrial machinery and equipment using artificial intelligence.