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Atlas Copco Acquires Engineering Automation Systems to Enhance CPQ Solutions

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Atlas Copco Acquires Engineering Automation Systems to Enhance CPQ Solutions

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Atlas Copco AB ( ($SE:ATCO.A) ) has shared an announcement.

Atlas Copco Group has acquired Engineering Automation Systems GmbH (EAS), a German company specializing in software for engineering and automation of CPQ solutions. This acquisition, which integrates EAS into the Gas and Process Division within the Compressor Technique Business Area, aims to enhance Atlas Copco’s project quoting processes, benefiting both current and future customers. EAS’s expertise in CPQ solutions is expected to improve speed, accuracy, and efficiency in generating proposals and managing sales processes across various industry segments.

The most recent analyst rating on ($SE:ATCO.A) stock is a Hold with a SEK174.00 price target. To see the full list of analyst forecasts on Atlas Copco AB stock, see the SE:ATCO.A Stock Forecast page.

More about Atlas Copco AB

Atlas Copco Group is a global leader in providing innovative technology solutions that transform the future. The company operates in four main business areas: compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, and industrial power tools and assembly and machine vision solutions. In 2024, Atlas Copco reported revenues of BSEK 177 and employed approximately 55,000 people worldwide.

Average Trading Volume: 4,349,619

Technical Sentiment Signal: Buy

Current Market Cap: SEK745.2B

Find detailed analytics on ATCO.A stock on TipRanks’ Stock Analysis page.

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