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Press Release05 August 2021Siemens Mobility GmbHMunich
Siemens
Mobility acquires Sqills, a leading rail software provider
Siemens Mobility acquires Sqills, a leading Software as a Service (SaaS) provider for inventory management, reservation, and ticketing software
Acquisition
advances Siemens’ strategy to increase
the availability, capacity, and utilization of public transportation
Sqills
complements the Siemens Mobility software portfolio to enable customers’ MaaS
(Mobility as a Service) offerings
Strong
fit with Siemens’ growth strategy for digital and software offerings
Acquisition
supports Siemens’ ambition to enter and expand in high growth adjacent markets and
fulfills our acquisition criteria
Siemens Mobility acquires Sqills, a leading Software as a Service (SaaS) provider for inventory management, reservation, and ticketing software
Acquisition
advances Siemens’ strategy to increase
the availability, capacity, and utilization of public transportation
Sqills
complements the Siemens Mobility software portfolio to enable customers’ MaaS
(Mobility as a Service) offerings
Strong
fit with Siemens’ growth strategy for digital and software offerings
Acquisition
supports Siemens’ ambition to enter and expand in high growth adjacent markets and
fulfills our acquisition criteria
Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2020, which ended on September 30, 2020, Siemens Mobility posted revenue of €9.1 billion and had around 38,500 employees worldwide. Further information is available at:
www.siemens.com/mobility.