Siemens to acquire Supplyframe for $0.7 billion

Siemens has signed an agreement to acquire Supplyframe, a Design-to-Source platform for the global electronics value chain, for $0.7 billion. The acquisition will strengthen Siemens' digital marketplace strategy and SaaS portfolio.

“Supplyframe will be the nucleus to accelerate our overall digital marketplace strategy.”citybiz.co

• 3 sources
• citybiz.coSiemens Acquires Supplyframe | citybizPaul BluemnerMay 18, 2021
• intelligence.supplyframe.comSiemens to acquire Supplyframe - SupplyframeMay 19, 2021
• intelligence.supplyframe.comSupplyframe and Siemens to Join Forces in $700 Million AcquisitionBradley RamseyMay 25, 2021

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