28 Jun 2022

Siemens Smart Infrastructure (SI), the front-runner 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 foremost position in the software market for buildings and built infrastructure. The purchase price is USD 1.575 billion, plus an earn-out.