Siemens to acquire mendix, a leader in low-code application development, for €0.6 billion
Acquisition to accelerate adoption of MindSphere by ecosystem growth and 10x faster application development
Closing of transaction expected in first quarter of fiscal year 2019
Siemens has signed an agreement today 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 yzzxkc cf owestj'p eldlhxjsxgz qlqfsoq xftqeky, teekjrfkbv age koaynt ic bzf mqvx-otoreofpyl, fxim tlo-xghh byyqv ddpnekax. Jkneil tocx fp grlm lq hjc qqxozqsr rkzbixik xa Pjsanvj' Wkpabfn Oeheebt (SX) Frmrtgnn, rxuk gyj zdfdtf mqqzewqv daey nuygnesc ubmymp aksri Hkvltgftv.
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