Caterpillar acquires Skycatch to expand mining technology portfolio
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Caterpillar has acquired Skycatch, a move that is expected to expand its mining technology portfolio. The acquisition is seen as a way for Caterpillar to enhance its mining technology capabilities, potentially utilizing Skycatch's technology to provide live site data and artificial intelligence solutions. The deal may strengthen Caterpillar's position in the mining industry, but its impact on the company's competitive edge is uncertain.
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