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Announced

Completed

Siemens completed the acquisition of Vizendo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Majority

Sweden

Completed

Application software products

Cross Border

Acquisition

Friendly

Private

Single Bidder

Synopsis

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Siemens, an engineering and manufacturing company, completed its acquisition of Vizendo, a Swedish service and software company. Financial terms were not disclosed. “Together we can explore the full potential of Vizendo’s innovative technology and virtual training expertise. Siemens’ global presence and extensive industrial knowledge will ensure that our current and future customers benefit from innovative, seamlessly integrated solutions, ” Erik Gustafsson, Vizendo CEO.

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