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02.08.2018 12:41
Siemens acquires Mendix for €600 million
AUTHOR: publics.bg


  • © www.siemens.com/press

Siemens announced today that it has acquired Mendix, the popular low-code application development platform for €600 million, TechCrunch reports.

Mendix, which was founded in the Netherlands, but is now headquartered in Boston, will continue operations as usual and keep its name. However, Siemens will also use the company’s technology to accelerate its own cloud, IoT and digital enterprise.

“As part of our digitalization strategy, Siemens continues to invest in software offerings for the Digital Enterprise. 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,” said Jan Mrosik, CEO of Siemens’ Digital Factory Division.

According to TechCrunch, Mendix’s service is already deeply integrated into IBM’s, SAP’s and Pivotal‘s cloud services. Mendix co-founder and CEO Derek Roos notes that his company and Siemens first discussed a strategic partnership, but as those talks progressed, the two companies moved toward an acquisition instead. Roos argues that the two companies’ visions are quite similar and that Siemens is committed to helping accelerate Mendix’s growth, extend the company’s platform and combine it with Siemens’ existing MindSphere IoT system.

“If you’ve ever wondered which low-code platform will have the viability to invest and win in the long term, you no longer have to guess,” Roos writes. “This commitment and investment from Siemens will allow us to accelerate R&D and geo-expansion investments significantly. You’re going to see faster innovation, more reach and an even better customer experience from us.”

Over the last years, “low-code” has become increasingly popular as more and more enterprises try to enable all of their employees to access and use the data they store. However, since not every employee knows how to program, tools like Mendix and others now make it easy for non-developers to quickly build (mostly database-backed) applications.


TAGS: siemens | mendix | low-code | IoT | cloud | acquisition 


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