According to Siemens, the acquisition elevates SI to a leading position in the software market for buildings and built infrastructure. It adds Brightly’s cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings.
Matthias Rebellius, member of the managing board of Siemens AG and CEO of Smart Infrastructure, said: “We see substantial value creation potential and growth opportunities from coupling the offerings under Siemens Xcelerator and Brightly’s well-established SaaS business and customer base.”
The signing of a binding acquisition agreement pertaining to the transaction was announced on 27 June. Following the announcement, Siemens launched Siemens Xcelerator, an open digital business platform, to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, grids and mobility.
Siemens says that it strives to build smart communities, enabled by digitalization and intelligent systems. The company’s solutions, services, and software connect the real and digital worlds, as well as IT and OT, injecting intelligence into operations of built infrastructure.
Brightly is headquartered in Cary, North Carolina, and has around 800 employees serving around 12,000 customers, mainly across the U.S., Canada, UK and Australia.