Siemens strengthens its digital enterprise leadership with acquisition of mendix

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      Curator 1 for Blogs
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        Siemens to acquire mendix, a leader in low-code application development, for €0.6 billion

        Acquisition to accelerate adoption of MindSphere by ecosystem growth and 10x faster application development

        Closing of transaction expected in first quarter of fiscal year 2019

        Mendix was named a leader in the Gartner “2018 Magic Quadrant for Enterprise High Productivity Application Platform as a Service”, placing furthest for completeness of vision for the second consecutive year, and a leader in the Gartner “2018 Magic Quadrant for Mobile App Development Platforms” for the second consecutive year.

         

        “When we pioneered the low-code market over a decade ago, we had a bold vision to help customers change the way they build software, but we never imagined the oceanic opportunity that’s now in front of us,” said Derek Roos, co-founder and CEO of mendix. “I’m thrilled to accelerate our vision at a much larger scale with the incredible team, assets, industry know-how and footprint of Siemens behind us. Being part of Siemens will allow us to serve our customers even better by accelerating our R&D vision, adding a much larger pool of go-to-market resources, and leveraging an enormous global infrastructure. And we’ll do this while maintaining our unique culture, brand and R&D capability that has allowed us to become the leader in our space – I can’t think of a better outcome for our customers, community, partners and team.

        Mendix is the fastest and easiest platform to build and continuously improve mobile and web applications at scale. The only low-code platform available through SAP and IBM, we help our customers digitize their operations by building, managing, and improving apps at unprecedented speed and scale. More than 4,000 forward-thinking enterprises, including KLM, Philips and Royal DSM use our platform to build business applications to delight their customers and improve operational efficiency. 
        Join the mendix community by following mendix on LinkedIn and Twitter. Start building apps for free at http://www.mendix.com/try-now/.

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