Mining tech firm Motion Metrics to be acquired by Weir Group for $150M
Motion Metrics has approximately 125 employees focused on R&D, alongside sales and field support.
Motion Metrics, a Vancouver mining tech firm, has agreed to be acquired by Weir Group for an initial consideration of CAD$150 million (£89M) payable in cash upon completion, subject to customary net debt and working capital adjustments.
Motion Metrics develops AI and 3D rugged machine vision tech used in mines worldwide. Its tech …