Siemens completed the acquisition of Brightly Software from Clearlake Capital for $1.9bn.

Siemens, a technology company focused on industry, infrastructure, transport, and healthcare, completed the acquisition of Brightly Software, a software-as-a-service provider of cloud-based enterprise asset management and facility operations management, from Clearlake Capital, a private equity firm, for $1.9bn. “Today marks an exciting milestone in Brightly’s history as we join Siemens. With digital transformation and ESG mandates on the rise, our global community is at a crossroads – one that requires intelligent software solutions to transform the performance of infrastructure assets. Together with Siemens, we’re well positioned to help our clients across the world build a future where efficient operations and smart assets power sustainable communities," Kevin Kemmerer, Brightly Software CEO.