Siemens Digital Industries to acquire TimeSeries.

Siemens Digital Industries, an innovation company operating in automation and digitalization, agreed to acquire TimeSeries, an independent software vendor and mendix partner. Financial terms were not disclosed. "From the start, TimeSeries has been focused on solving our customers' challenges by bringing together the best people and latest technologies and pushing that to the limit. Now, as part of Siemens, we're excited to bring the power of pre-built and customizable low-code solutions to more industries. Joining Siemens Digital Industries Software will unlock huge new opportunities for us, and we're looking forward to help even more companies digitally transform," Erik Gouka, TimeSeries CEO.