Siemens AG, a global powerhouse in electrical engineering and electronics, announced a definitive agreement to acquire Heliox, a Netherlands-based leader in fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The acquisition is a strategic move to fortify Siemens’ eMobility business, especially its charging portfolio. Subject to customary regulatory approvals, the transaction aims to […]
Siemens Smart Infrastructure (SI) has closed the previously announced $1.575 billion acquisition of Brightly Software, an American software-as-a-service (SaaS) company that provides solutions for asset and maintenance management. The deal, which was announced in June 2022, also includes an earn-out of $300 million for Brightly Software. Siemens Smart Infrastructure acquired Brightly Software from Clearlake Capital. […]
