- Smart Infrastructure (SI) to acquire Brightly, a leader in
cloud-based asset and maintenance management software
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Perfectly complements Siemens’ digital offerings for buildings, with
strength in asset and energy management
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Acquisition puts Siemens in pole position to address fast-growing
software market for buildings and built infrastructure
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Purchase price of USD 1.575 billion plus earn-out
Siemens Smart Infrastructure (SI), the frontrunner in digital buildings, has
signed an agreement to acquire Brightly Software, a leading U.S.-based software-as-a-service
(SaaS) provider of asset and maintenance management solutions. The acquisition elevates
SI to a leading position in the software market for buildings and built
infrastructure. The purchase price is USD 1.575 billion, plus an earn-out. The
acquisition will add Brightly’s well-established cloud-based capabilities across
key sectors – education, public infrastructure, healthcare, and manufacturing –
to Siemens’ digital and software know-how in buildings. It also accelerates the
build-up of Siemens’ SaaS business and enables Siemens and Brightly together to
deliver superior performance and sustainability for built infrastructure. Brightly
is expected to benefit from Siemens’ global presence, while Siemens leverages the
software provider’s footprint in the U.S. market. Siemens will realize significant
synergies between Brightly’s capabilities and its own portfolio with an
expected mid-triple-digit million net present value. The transaction is subject
to regulatory approvals, with closing expected in calendar year 2022. The
acquisition will be EPS
accretive pre-PPA in the second year after closing.
- Siemens to supply fluorine gas-free blue GIS medium-voltage switchgear to Liechtensteinische Kraftwerke (LKW)
- Climate-neutral insulation gas Clean Air replaces the greenhouse gas SF6 and dispenses with all other fluorinated gases
- Investment in climate protection and supply security in Liechtenstein
Liechtensteinische Kraftwerke
(LKW) has chosen sustainable medium-voltage switchgear from Siemens. The new
5-field NXPLUS C 24 system from the environmentally friendly blue GIS portfolio
of Siemens Smart Infrastructure was commissioned by the customer at the
Wiesengasse West substation in Schaan, Liechtenstein. This makes LKW one of the
first grid operators to convert an entire medium-voltage switchgear
installation to the climate-friendly insulating gas Clean Air.
- Updated fire control panels, new detector and mobile app added to the Cerberus fire safety portfolio
- Digitalization of fire protection systems and related maintenance activities simplify day-to-day routines
- Easier installation and maintenance planning as additional benefit to system integrators, service providers and customers
Siemens is expanding its Cerberus PRO fire safety offering
with updated FC720 fire control panels, an IoT-enabled OOH740 detector equipped
for disturbance-free tests, and the Cerberus Connect mobile app that complements
the existing Cloud Apps. As a result, system integrators, service providers and
customers will benefit from resource optimization, simplified planning, and maintenance
as well as higher convenience during operations.
- Highlight: sustainable hydrogen solution for residential boilers
- Intelligent, digitalized heat interface unit for multi-family apartment buildings
- LMV6 burner management system for medium and high capacity burners boosts efficiency
- New function for self-optimizing dynamic valves saves up to 30% energy
At Mostra Convegno Expocomfort (MCE)
trade show, Siemens Smart Infrastructure will present a completely renewed
portfolio designed to accelerate the decarbonization of commercial, industrial,
and residential buildings. Under the motto “Transform the Everyday,” Siemens
will also display products and solutions for original equipment manufacturers
(OEMs) that make buildings more efficient, digital, connected, and comfortable.
MCE will take place from June 28 to July 1 in Milan, Italy.
- Upgrades to help improve infrastructure, support operational excellence and enhance student living-learning experience
As part of its 10-year strategic plan, ‘Transformation Morgan
2030: Leading the Future,’ Baltimore-based Morgan State University (MSU) has
partnered with Siemens on its journey to becoming a smart and connected campus
of the future. Improvements currently underway include implementing a series of
modernization upgrades to the university’s heating, ventilation, and air
conditioning (HVAC), security, and fire and life safety systems with a focus on
energy efficiency, resiliency and sustainability. All work is umbrellaed under
a master service agreement between Maryland Clean Energy Center, Siemens and
MSU to support the university’s campus transformation.
- Siemens to supply ultra-fast charging units on highways connecting the seven emirates
- The Ministry and Siemens signed a memorandum of understanding (MOU) in October 2021 to work together on sustainability and digitalization initiatives in the energy and infrastructure sectors
- The EV Charging Corridor is the first project to be delivered under the MOU framework
The United Arab Emirates’ Ministry of Energy and
Infrastructure selected Siemens technology for a nationwide network of
ultra-fast electric vehicle (EV) chargers which will help reduce carbon
emissions, boost adoption of EVs by addressing so-called range anxiety, and lay
the groundwork for a more connected and sustainable transportation system.
- The companies will work together to drive adoption of open, interoperable standards in wireless charging for global electric vehicle (EV) infrastructure
- Siemens makes strategic investment in WiTricity and licenses their technology for future wireless EV charging products
Siemens invests
USD 25 million and acquires a minority stake in U.S.-based WiTricity, a
wireless charging technology company. Siemens and WiTricity will work together
to drive innovation in the emerging market for wireless EV charging. This
market is expected to reach USD 2 billion by 2028 in Europe and North America
alone, according to Siemens’ calculations. The two companies seek to bridge the
gaps in the global standardization of wireless charging for electric passenger
and light duty commercial vehicles, to enable interoperability between vehicles
and infrastructure, as well as support market penetration. In addition, both
parties will collaborate to advance the technical development of wireless
charging systems.
Divestment of Commercial Vehicles
business to Meritor agreed
Purchase price (Enterprise value) of
around €190 million
Transaction expected to close by end
of this calendar year
Further successful milestone of
value creation for Siemens’ Portfolio Companies
Siemens has
agreed to sell its Commercial Vehicles business to Meritor. The move is another
step in the company’s rigorous implementation of its previously announced plan
to sharpen its portfolio as a focused technology company. Commercial Vehicles is
part of Siemens’ Portfolio Companies. The purchase price totals around €190
million, subject to working capital adjustments. Closing is expected, subject
to regulatory approvals, by the end of this calendar year.
- New data center in Tallinn, Estonia, targets Power Usage Effectiveness (PUE) value of 1.2, against industry average of around 1.6
- Siemens’ AI-powered software optimizes cooling for energy efficiency and reliable operation of critical infrastructure
- Customized power distribution systems from Siemens ensure reliable, safe power supply to the data center
- Data center is powered by renewable energy, with ability to sell waste heat
Siemens has deployed integrated data center
management software at the largest and most energy efficient data center in the
Baltic region. The building management software (BMS), the energy and power
management software (EPMS) and the White Space Cooling Optimization (WSCO) help
Greenergy Data Centers to lower energy usage, ensure thermal protection and
manage reliable operation of the critical infrastructure.