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Press

Joint Press Release

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by Siemens and mendix

Munich and Boston, August 1, 2018

Siemens strengthens its digital enterprise leadership with acquisition of mendix

• Siemens to acquire mendix, a leader in low-code application development, for €0.6 billion

• Acquisition to accelerate adoption of MindSphere by ecosystem growth and 10x faster application development

• Closing of transaction expected in first quarter of fiscal year 2019

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