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Siemens strengthens its digital enterprise leadership with acquisition of Mendix

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Siemens has signed an agreement to acquire Mendix, a pioneer and leader in Cloud native low-code application development. Under the agreement, Siemens will pay in cash €0.6 billion to acquire the company. Mendix will retain its distinct brand & culture, and continue serving customers across the full range of industries with its unique platform and broad ecosystem and community. Siemens will continue to invest in Mendix’s independent product roadmap, continuing its legacy as the most-innovative, open low-code Cloud platform. Mendix will be part of the software business of Siemens’ Digital Factory (DF) Division, with the Mendix platform also deployed across other divisions.
As enterprises invest to digitalise their operations, demand for business applications is growing significantly faster than the capacity of IT organisations to deliver them. Low-code application development platforms provide features for rapid development, deployment and execution of applications in the Cloud.
“We acquire Mendix to extend our leading position in digitalising the industrial world, which is a cornerstone of our Vision 2020+”, said Klaus Helmrich, member of the managing board of Siemens AG.
Derek Roos, co-founder and CEO of Mendix, said, “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.”
Derek Roos will remain CEO of the company and join the Siemens PLM Software senior leadership team.

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july 2020
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