# 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.

- Type: Acquisition
- Announced: 2021-05-17
- Where: United States
- Value: $700.0M
- Status: announced
- Products: Design-to-Source platform, electronic design automation software
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (acquirer)
- [Supplyframe](https://endata.com/companies/41680.md) (target)

## Sources

- [citybiz.co](https://www.citybiz.co/article/64061/siemens-acquires-supplyframe-2/), 2021-05-18: "Supplyframe will be the nucleus to accelerate our overall digital marketplace strategy."
- [intelligence.supplyframe.com](https://intelligence.supplyframe.com/siemens-acquires-supplyframe/), 2021-05-19: "Today, we are thrilled to announce that we will be joining forces with Siemens AG, to scale our innovation and drive broader adoption of our DSI solutions globally."
- [intelligence.supplyframe.com](https://intelligence.supplyframe.com/supplyframe-and-siemens-to-join-forces-in-700-million-acquisition/), 2021-05-25: "Siemens is set to acquire Supplyframe for a total purchase price of $700 million."

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