Weir to acquire Motion Metrics
The Weir Group has agreed to acquire Motion Metrics. Motion Metrics is one of the market leading developers of innovative Artificial Intelligence (AI) and 3D rugged Machine Vision Technology used in mines worldwide. Its technology helps miners increase safety, efficiency and sustainability of their operations. As part of the agreement, Motion Metrics Vancouver headquarters in Canada will become Weir’s global centre for excellence in AI and Machine Vision technology.
Motion Metrics applications are highly complementary to Weir’s product portfolio. It will join the ESCO division reflecting the early adoption of its technology in ground engaging tools (GET) where ESCO is one of the established global leaders. Motion Metrics AI and Machine Vision capabilities are expected to be leveraged across the whole mining value chain served by the Weir Group.