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Siemens acquires Innovation Strategies – A Digital
Transformation Company in Spain
Siemens Advanta expands its footprint to the Iberian Peninsula.
Innovation Strategies is a leader of advanced tech services in Spain.
Horizontal capabilities to create extra value to Siemens' clients.
Siemens has acquired the
Spanish digital transformation company Innovation Strategies, which is to
become part of Siemens Advanta. The transaction was signed and closed on July
1, 2022.
Siemens Advanta expands its footprint to the Iberian Peninsula.
Innovation Strategies is a leader of advanced tech services in Spain.
Horizontal capabilities to create extra value to Siemens' clients.
Siemens has acquired the
Spanish digital transformation company Innovation Strategies, which is to
become part of Siemens Advanta. The transaction was signed and closed on July
1, 2022.
Innovation Strategies is a
successful digital consulting services and custom software development company
with offices in Palma de Mallorca, Cordoba and Sevilla. The company has 100 employees
who will continue to apply their valuable digital capabilities across
industries.
“We welcome the Innovation
Strategies team and we are excited to expand our growing business,” said
Aymeric Sarrazin, CEO of Siemens Advanta. “By combining our ‘go-to-market’ and deep
domain know-how with Innovation Strategies’ digital capabilities, we will
create value, which is crucial for accelerating digital transformation for our
customers and partners. We intend to scale up Innovation Strategies’ business by
building on its experienced team and existing digital expertise.”
Also underscoring
the importance of this acquisition, Miguel Ángel López, CEO of Siemens Spain, says
“With this move, Siemens demonstrates its commitment to extend its footprint in
Spain, which is among the largest markets for Digital Transformation Services
in the EU.”
Miguel Fernandez
Diaz, CEO of Innovation Strategies states: “We are truly excited to be joining
the Siemens Advanta family on this next phase of our growth journey. This
acquisition expands our capabilities to serve our clients better and provides
tremendous opportunities for our employees.”
Siemens Advanta
enables its clients to unlock the digital future with its end-to-end solutions
and drive the digital transformation of entire industries. Siemens Advanta
combines more than 10,000 employees in 19 countries and 89 offices
into a global network of cross-functional teams and highly skilled experts.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at
www.siemens.com.