Tech M&A: Siemens Acquires Mendix. Also featuring: Nutanix, Fortive, Volaris, Imperva

Siemens Acquires Mendix

Siemens Acquires Low-Code Developer Mendix

Siemens, the German industrial giant has acquired Mendix, a Boston-based provider of low-code application development software, for €628 million.

 

Low-code application development platforms provide features for rapid development and applications in the cloud for those who do not know how to code. Mendix, a market leader in this field, helps organisations to build and improve business applications at an unprecedented speed and scale.

 

“We acquire Mendix to extend our leading position in digitalising the industrial world, which is a cornerstone of our Vision 2020+,” said Klaus Helmrich, member of the Managing Board of Siemens AG.

 

“Mendix is a leader in the rapidly expanding low-code segment and their platform will help our customers to adopt MindSphere even faster by accelerating cloud-based application development for the Industrial Internet of Things (IIoT).”

 

Nutanix Acquires Cloud-Based Desktop Virtualisation and Application Delivery Company Frame

Nutanix, the cloud computing software company, has acquired Frame (aka Mainframe2) , a cloud-based desktop virtualisation and application delivery company.

 

Frame is an innovative cloud platform that allows enterprises deliver Windows apps to users on any device, at any time. Its web-scale architecture incorporates auto-scale functionality, providing impressive performance at any scale, while natively supporting multiple tenants. Frame is backed by Microsoft and its customers include Siemens, HP, Adobe and Autodesk.

 

“The Nutanix Enterprise Cloud OS provides a cloud-like infrastructure stack (IaaS) similar to AWS — but with a more open approach so IT leaders can choose the right technology for each use case,” said Greg Smith, vice president of product and technical marketing at Nutanix.

 

“With Frame, we will bring the same consumer-grade simplicity and openness to DaaS, addressing an unmet customer need to deliver desktops from multiple public clouds, and built with technology that was ‘born in the cloud.’”

 

Fortive to Acquire Physical Resource Management Software Provider Accruent

Fortive Corporation, the diversified industrial growth company, has agreed to acquire Accruent, a leading provider of physical resource management software, for $2 billion.

 

Accruent combines deep domain and industry capabilities with an integrated, cloud-based framework that offers insights over complete lifecycles of real estate, facilities and asset management. It serves more than 10,000 customers in 150 countries worldwide.

 

“We are excited to acquire a premium software asset of scale with strong upsell and cross-sell capabilities across the resource management ecosystem,” said James A. Lico, President and Chief Executive Officer of Fortive.

 

“The complementary strengths of Accruent, Gordian and Fluke Digital Systems will create an industry-leading IOT portfolio consisting of connected devices, software enabled workflows, and data analytics.”

 

Volaris Acquires Web-to-Print Specialist Aleyant Systems

Volaris Group has acquired Aleyant Systems, a global web-to-print, estimation and production and prepress automation workflow software provider to graphics and print professionals.

 

Founded in 2005, Aleyant’s flagship product, Pressero, powers cutting-edge cloud-based websites, stores and portals for commercial printers, in-plants, print brokers and distributors. Aleyant’s solutions are deployed in 43 countries and its partners include Cannon Solutions of America, HP Fujifilm and Fuji Xerox.

 

“We are excited to bring the Aleyant family to Volaris to complement our existing portfolio companies and accelerate Volaris’ expansion into the evolving print software sector,” said David Nyland, Portfolio Leader and President, Communications & Media vertical at Volaris.

 

“The acquisition of Aleyant enables us to capture the full market opportunity of future high growth market trends, including graphics and commercial printers expanding into garment and industrial printing,”

 

Imperva to Acquire DevOps Security Leader Prevoty

Imperva, the cybersecurity solutions provider, has agreed to acquire Prevoty, a DevOps security specialist, for $140 million.

 

Prevoty is the recognised leader the Runtime Application Self-Protection (RASP) market according to research by The Forrester New Wave™. Unlike traditional security approaches that attempt to defend against hackers at the network layer, Prevoty works inside the application itself with a smart analysis engine that shuts down malicious agents.

 

“Prevoty complements current Imperva application and data security offerings,” said Chris Hylen, president, and CEO of Imperva.  

 

“When combined with our on-premises and cloud products, it will help businesses better protect themselves from attacks, prevent breaches and monitor security across their digital business.“

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