6/23/2023 0 Comments Addon mindix![]() This cookie is set by GDPR Cookie Consent plugin. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Siemens expects to achieve synergies through a combination of revenue growth and anticipated margin expansion, representing a net present value of more than $580 million.ĭerek Roos will remain CEO of the company and join the Siemens PLM Software senior leadership team. The closing of the transaction is subject to customary conditions and is expected in the first quarter of fiscal year 2019. “And we’ll do this while maintaining our unique culture, brand and R&D capability that has allowed us to become the leader in our space – I can’t think of a better outcome for our customers, community, partners and team.” “Being part of Siemens will allow us to serve our customers even better by accelerating our research and development vision, adding a much larger pool of go-to-market resources, and leveraging an enormous global infrastructure. “I’m thrilled to accelerate our vision at a much larger scale with the incredible team, assets, industry know-how and footprint of Siemens behind us. Mendix will also continue to deploy its technology to customers and partners across all verticals and technology ecosystem.ĭerek Roos, co-founder and CEO of Mendix, says: “When we pioneered the low-code market over a decade ago, we had a bold vision to help customers change the way they build software, but we never imagined the oceanic opportunity that’s now in front of us. Mendix will accelerate Siemens’ current cloud, IoT and Digital Enterprise software capabilities. Siemens expects Mendix to continue to experience strong growth in the future in both its existing customer segments and across the Siemens customer base. The company has over 400 employees and its software-as-a-service business model results in over 90 percent of sales being recurring. Mendix was founded in 2005 in Rotterdam, Netherlands and is headquartered in Boston, Massachusetts. “With the acquisition of Mendix, Siemens continues to add to its comprehensive Digital Enterprise and MindSphere IoT portfolio, with cloud domain expertise, cloud agnostic platform solutions and highly skilled people.” Jan Mrosik, CEO of the digital factory division, says: “As part of our digitalization strategy, Siemens continues to invest in software offerings for the Digital Enterprise. ![]() “Mendix is a leader in the rapidly expanding low-code segment and their platform will help our customers to adopt MindSphere even faster by accelerating cloud-based application development for the industrial internet of things.” Klaus Helmrich, member of the managing board of Siemens, says: “We acquire Mendix to extend our leading position in digitalizing the industrial world, which is a cornerstone of our Vision 2020+. Low-code application development platforms provide features for rapid development, deployment and execution of applications in the cloud. Mendix will be part of the software business of Siemens’ Digital Factory division, with the Mendix platform also utilized across other divisions, and no doubt strengthen Siemens industrial internet platform MindSphere and be part of the company’s overall product lifecycle management offering.Īs enterprises invest to digitalize their operations, demand for business applications is growing significantly faster than the capacity of IT organizations to deliver them.
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