- Smart Infrastructure (SI) to acquire Brightly, a leader in
cloud-based asset and maintenance management software
- Perfectly complements Siemens’ digital offerings for buildings, with
strength in asset and energy management
- Acquisition puts Siemens in pole position to address fast-growing
software market for buildings and built infrastructure
- 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 has recently been contacted by groups and individuals expressing their opinion on the Adani Carmichael coal mine project in Queensland, Australia.
To whom it may concern,First of all, I do want to thank you for the countless
mails, social media engagements and personal meetings over this important matter.
The vast majority has been addressing their concerns clearly and with respect.
For me, this only underscored the importance and the need to diligently look
into the issue at hand. Especially, the messages I’ve received from Australian
people have moved me personally, when they described that their homes and their
country is burning and suffering from these terrible fires.Even though we do not have clear evidence that the wildfires
and this project are directly connected, I feel empathy for all those, who
spoke up and warned about worsening conditions. Siemens, as one of the first companies
to have pledged carbon neutrality by 2030, fundamentally shares the goal of
making fossil fuels redundant to our economies over time.
- New trend to supply renewable energy for mines as secure and cost-efficient alternative to fossil fuels
- Siemens' proven microgrid controller serves as technical basis for juwi's Hybrid IQ microgrid solutions
- Two projects in Australia successfully delivered, paving way for partners to roll-out solution in other countries
Siemens and the renewable energy developer juwi have joined forces to enter into a strategic technology partnership to focus on microgrids in the mining industry. A corresponding agreement was signed today. The two companies aim to roll-out and continually develop the advanced microgrid control system that enables the seamless integration of power from renewable energy to a mine's off-grid power supply. The Siemens Sicam based microgrid control platform is a proven and tested technology which is the basis for juwi's Hybrid IQ microgrid controller. juwi, on the other hand, brings industry-specific domain know-how and an excellent track record of planning and executing renewable energy projects at mine sites.
- Charging technology for 37 new electric buses installed at West London depot
- Fully electric-enabled bus garage incorporates power infrastructure, maintenance and charging facilities
- Supplying 11 megawatt hours to 37 double-decker buses daily
In partnership with Tower Transit, a bus operator in London and part of
the SeaLink Travel Group, Siemens Smart Infrastructure provided the charging
infrastructure for 37 new fully-electric double decker buses in London.
Westbourne Park garage, on the Great Western Road, is the operator’s first
depot in London incorporating fully electric routes with power infrastructure,
maintenance and charging facilities. Bus routes 23 and C3 operate from the
Westbourne Park site, with the first few Optare Metrodecker zero-emission
double-deckers already in operation, the remaining fleet is expected to be in
service in the next months.
- Sydney Coordinated Adaptive Traffic System (SCATS) Certification
- Supports cutting-edge intelligent infrastructure
- Certificate given at ITS World Congress
Siemens Mobility’ traffic light controller “Sitraffic sX” is certified as compatible with the urban traffic control system SCATS (a registered trademark Sydney Coordinated Adaptive Traffic System). New South Wales’ agency for road infrastructure and owner of the registered trademark SCATS system, Road and Maritime Services (RMS), has granted Siemens the certification after a substantial period of integration development and testing. The Compatibility Certificate confirms that Siemens Mobility’s “Sitraffic sX” traffic light controller has been tested and evaluated by RMS to functionally operate with SCATS. The official hand-over of the Certificate from RMS to Siemens Mobility took place during a ceremony at the 26th ITS World Congress 2019 in Singapore at Siemens Mobility booth.
- DC fast charging technology for 34 buses at depots in Christchurch and Auckland with an overall power capacity of around 3.7 Megawatt
- Flexible charging systems to easily expand the infrastructure and adapt to future battery voltage levels of up to 1,000 Volt
- Integration with one of the world’s major bus suppliers Yutong
Siemens Smart Infrastructure received an order from Go Bus, one of New Zealand’s largest bus operators, to power two of their bus depots with charging infrastructure for eBuses. The order fulfils two separate Go Bus contracts in Auckland and Christchurch. In Christchurch, 25 electric buses, the city’s first large-scale electric bus fleet, will be charged by Siemens systems. In Auckland, the systems will charge nine buses that will operate on a new electric airport link. The operations are scheduled to start early in 2021.
- Siemens Mobility Division further expands digitalized service and maintenance business
- MRX Technologies provides condition monitoring for rolling stock and rail infrastructure and inspection systems for rail networks
- MRX Technologies will operate in the Mobility Division as a legally independent affiliated company of Siemens AG
Siemens acquires the MRX Technologies Group, headquartered in Perth, Australia, and is further expanding its offering in the field of predictive maintenance based on digitalization. The Group is comprised of JRB Engineering Pty Ltd., MRX Technologies Ltd., MRX Rail Services Pty Ltd. and MRX Rail Service UK Ltd. The parties agreed not to disclose financial details of the acquisition. The acquired company will be managed as a legally independent firm within the Siemens Mobility Division. Closing of the transaction is expected early in July.
- Siemens Bank receives approval to operate as a merchant bank in Singapore
- Siemens becomes first industrial company to support its growth strategy in Asian and Australian markets with a local bank branch in Singapore
- Focus on project and structured finance lending business mainly in the business-to-business and business–to-government segments
The Monetary Authority of Singapore (MAS) grants approval for Siemens Bank GmbH Singapore Branch to operate as a merchant bank in Singapore. The new branch will cover financing activities for the Asia-Australia region. In addition to its main pillar, the loan and guarantee business, the branch will also provide selected finance advisory services for the Siemens group companies in Asia-Australia.
- Siemens outlines innovative ways and approaches to boost large-scale capital in infrastructure financing
- Convergence of disruptive technology and public-private partnerships identified as key drivers of narrowing Asia's infrastructure gap
- The way forward lies in analyzing completed projects, establishing stable risk-sharing and making procurement more transparent
Increasing the bankability of developments is a key factor to narrowing Asia's infrastructure gap, according to speakers at the "Drivers of Infrastructure Investment in the Asian Market" symposium organized by Siemens Financial Services (SFS) yesterday.