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Siemens Logistics and Airport Solutions strengthens market position in cloud-based logistics IT

AXIT is a leading provider of cloud-based software solutions in the European logistics sector and has a comprehensive user base with renowned customers in logistics, industry and commerce. Headquartered in Frankenthal (Germany), AXIT also maintains a Software Development Center in Wroclaw, Poland.
Cloud-based software has already become a distinguishing feature in the logistics market and is considered to be key for end-to-end supply chain management. Owing to the ever increasing complexity in logistics, IT is more and more the driver behind innovative solutions for the control and optimization of processes.
Through the merger with AXIT, LAS will become a pioneer of this innovative technology and will be able to provide comprehensive IT solutions for end-to-end transparency in supply chain management. This will enable customers to benefit from an enhanced, integrated solution portfolio from a single source.
"The acquisition of AXIT is a major step for us to strategically reposition our company," said Michael Reichle, CEO Siemens Logistics and Airport Solutions. "IT, software and the ability to use important logistics information to add value for our customers are key aspects of our innovation strategy. AXIT has excellent products, superior expertise and enjoys an outstanding reputation in the German market. We are pleased to give further strength to our market position through this merger."
"For AXIT, this is the right way to accelerate our business growth at the international level. LAS has the perfect global organization that is important for us, as well as a global sales network with its own presence, from which we will benefit," explained Holger Schmitt, CEO of AXIT.
Both companies will pool their competences to develop innovative solutions and open up new markets.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. 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 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of €71.9 billion and net income of €5.5 billion. At the end of September 2014, the company had around 357,000 employees worldwide. Further information is available on the Internet at http://www.siemens.com.
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Logistics and Airport Solutions, a business unit of Siemens AG, is a leading provider in the field of mail, parcel and baggage sorting solutions headquartered in Constance, Germany. The company has an installed base in more than 60 countries worldwide. Major customers of Logistics and Airport Solutions include renowned airports as well as postal and parcel services around the world. Further information is available on the Internet at www.siemens.com/logistics.
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Contact

Monica Soffritti

Siemens AG

Bücklestr. 1-5
78467 Constance
Germany

+49 (7531) 862659