For more than a decade the technology was developed and mastered into a unique patented technology with applications as diverse as renewable energy, rail and off-road by Artemis Intelligent Power.
Artemis had a core technology development team covering the major disciplines of electronics, software, simulation, and mechanics. With a belief that its in-house ability to design and develop all aspects of the technology is the key to rapid development. Artemis used the principles of model-based design to simulate new systems before building them and practical prototyping methods to try new ideas.
Danfoss Scotland Ltd
Danfoss announced the acquisition of the majority shares of Artemis Intelligent Power Ltd in 2019. This acquisition will enable Danfoss to develop hydraulic pumps, motors and systems with unprecedented levels of efficiency, controllability and design flexibility for customers.
Danfoss will establish a manufacturing presence in Edinburgh to deliver products to the market based on the Digital Displacement technology, while establishing Edinburgh as the Centre of Excellence for this technology.
“Digitalization is a key driver in our industry and AIP constitutes a strategic fit with our ambition for technology leadership, innovation speed and the core product differentiators of efficiency and controllability. The Digital Displacement technology will provide Danfoss with a competitive advantage in developing innovative Danfoss products and systems and bringing them to the market. The team at AIP has the right entrepreneurial spirit and agile mindset, and I’m looking forward to welcoming them to Danfoss,” says Eric Alström, President, Danfoss Power Solutions.