SThe acquisition strengthens the Siemens portfolio through software as a service – not only in the field of EDA and PCB, but also scaling into other domains and technology fields.
www.eetasia.com, May. 18, 2021 –
Siemens has signed an agreement to acquire Supplyframe, a design-to-source platform for the global electronics value chain, for $0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens' offerings and Supplyframe's marketplace intelligence. This will help customers to reduce costs, increase agility and make highly informed decisions.
The acquisition also strengthens the Siemens portfolio through Software as a Service (SaaS)–not only in the field of electronic design automation (EDA) and printed circuit boards (PCB), but also scaling into other domains and technology fields.