Atlas Copco completes acquisition of Swedish mining intelligence business

Atlas Copco has completed the acquisition of part of Mobilaris MCE AB, a Sweden-based company that provides advanced software that optimizes underground mining operations. Atlas Copco has acquired 34 % of Mobilaris MCE, a business that was part of Mobilaris AB. Mobilaris MCE’s software solutions offer situational awareness of the mines, real-time positioning and detailed status information on vehicles, equipment and personnel, presented in a sophisticated 3D user interface. The software is used for underground mining, tunneling and other civil engineering. The business has about 20 employees and had revenues in 2016 of about 3.5 million US$. Mobilaris MCE will operate as a separate company partly owned by Atlas Copco.

www.atlascopcogroup.com

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