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New Deal


Announced

Siemens Digital Industries Software to acquire FORAN from SENER.

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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Private

Friendly

CAD/CAM/CAE

Spain

Software

Acquisition

Majority

Cross Border

Single Bidder

Pending

Synopsis

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Siemens Digital Industries Software to acquire FORAN, a marine design software, from SENER, a company in engineering and technology. Financial terms were not disclosed. “The acquisition of FORAN enhances our marine digital twin, adding preeminent capabilities to our integrated ship design and engineering digital thread solution. “By adding FORAN’s extensive tools to the Xcelerator portfolio and leveraging the team’s industry expertise, we will be able to offer commercial and naval shipbuilding customers better control of their ship design and manufacturing process as they transition to Shipyard 4.0,” Tony Hemmelgarn, Siemens Digital Industries Software CEO and President.

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