Chicago AI firm acquires fast-growing ABQ company

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Chicago-based artificial technology company Uptake announced Monday that it has acquired Asset Performance Technologies, the Albuquerque-based technology company that provides industrial customers like power plants and oil companies with machine failure data. Founded in 2004, Asset Performance Technologies has built a comprehensive library of equipment failure data, which companies in power, petrochemical, oil and gas, steel and other industries use to develop preventive machine maintenance…
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Chicago AI firm acquires fast-growing ABQ company

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