Siemens AG
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Acquisitions
5
Total Acquisitions
$36.0B
Disclosed Deal Value
2025
$10.0B
Add simulation, HPC and data analytics software.
Expanded Siemens' industrial software and AI design stack.
2022
$1.6B
Add asset and maintenance software for buildings and infrastructure.
Strengthened smart infrastructure software revenue.
2021
$16.4B
Scale oncology and healthcare technology through Siemens Healthineers.
Deepened Healthineers' oncology exposure.
2017
$4.5B
Add electronic design automation and systems design tools.
Expanded Siemens' digital twin and product engineering software reach.
2007
$3.5B
Build an industrial software and PLM platform.
Created the foundation for Siemens' Xcelerator software stack.
Siemens is investing in industrial AI, the Xcelerator platform, software-defined automation, smart buildings, electrification, rail mobility and capital-efficient portfolio management.
Siemens earns revenue by combining hardware, software and services across factories, buildings, grids, rail systems and healthcare. The model is strongest when automation equipment, engineering software and lifecycle service contracts are sold together into long-lived industrial assets.
The 2007 UGS acquisition gave Siemens the PLM and industrial software base that later anchored Xcelerator.
Deals matter because Siemens uses M&A to add software, healthcare and infrastructure capabilities around its industrial base.
Yes. Siemens uses acquisitions selectively, especially in industrial software and adjacent digital infrastructure.
The profile includes selected acquisitions and strategic deals in the acquisitions section.