# Siemens acquires MRX Technologies Group for predictive maintenance

Siemens is set to acquire MRX Technologies Group, headquartered in Perth, Australia, to expand its predictive maintenance offerings for rail systems. The group includes JRB Engineering, MRX Technologies, MRX Rail Services, and MRX Rail Service UK. Closing is expected in early July 2017.

- Type: Acquisition
- Announced: 2017-06-29
- Where: Perth, Australia, Australia
- Status: announced
- Products: predictive maintenance solutions, digitalised condition monitoring for rail systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (acquirer)
- [Siemens](https://endata.com/companies/301.md) (partner)
- [MRX Technologies Group](https://endata.com/companies/17321.md) (target)
- [JRB Engineering Pty Ltd.](https://endata.com/companies/17322.md) (target)
- [MRX Rail Services Pty Ltd.](https://endata.com/companies/17323.md) (target)
- [MRX Rail Service UK Ltd.](https://endata.com/companies/17324.md) (target)
- [AES Corporation](https://endata.com/companies/20282.md) (partner)

## Sources

- [railway-international.com](https://www.railway-international.com/news/siemens-acquires-predictive-maintenance-provider-mrx-technologies), 2017-06-29: "Siemens is set to acquire MRX Technologies Group, headquartered in Perth, Australia, to further expand its offering in the field of predictive maintenance based on digitalisation."
- [reuters.com](https://www.reuters.com/article/technology/aes-and-siemens-create-joint-venture-for-energy-storage-idUSKBN19W0Z7/), 2017-07-11: "American energy firm AES Corp and German engineering conglomerate Siemens AG on Tuesday said they were forming a joint venture to serve the rapidly growing energy storage market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
