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Motomova completes acquisition of Skillr, Inc. to expand SaaS product suite

Jul 01, 2024•about 1 year ago

Acquiring Company

Motomova

Acquired Company

Skillr

New YorkNew YorkManufacturingInformation Technology

Description

Motomova, Inc., a leading developer of testing solutions for electric motors, has completed the acquisition of Skillr, Inc. This acquisition is part of Motomova's plan focused on capital formation and product line expansion into SaaS, aiming to deliver innovative solutions to industrial technology clients globally.

Company Information

Company

Motomova

Location

New York, New York, United States

About

Motomova, Inc. is a leading developer, manufacturer, and supplier of testing solutions for electric motors. It is the parent company of MEA Testing Systems Ltd., an Israeli industrial technology company with corporate offices in Netanya, Israel, and manufacturing facilities worldwide.

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Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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