The industrial automation business of Wipro Infrastructure Engineering announced on Thursday it has signed a definitive agreement to acquire Linecraft.AI, a Pune-based industrial internet of things (IoT) product start-up in the manufacturing sector.

Linecraft AI harnesses the power of both automation domain expertise and artificial intelligence (AI) & machine learning (ML) to empower manufacturers to get more productivity and quality improving operational efficiency on a real-time basis, according to a Wipro statement.

The software is built by a team of artificial intelligence (AI) and machine learning (ML) experts and engineers with a patented algorithm and has been proven to be successful implementation on complex automated manufacturing assembly lines in the industry globally, it said.

Financial details of the transaction were not disclosed.

 "This acquisition will further help us expand our digital capabilities and offer turnkey automation solutions with a bolt-on digital layer that provides deep insights and analytics to customers", said the CEO of Wipro Infrastructure Engineering, Pratik Kumar.