Siemens to Buy Tech From Pixeom
October 24 2019 - 7:48AM
Dow Jones News
By Cristina Roca
Siemens AG (SIE.XE) said Thursday that it plans to buy
technology to expand its digital enterprise portfolio from Pixeom,
a U.S. software company.
The German company will use the Pixeom technology in its factory
automation business unit, part of Siemens Digital Industries.
Closing of the transaction is planned for the fourth quarter of
2019, and financial details weren't disclosed, Siemens said.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
October 24, 2019 07:33 ET (11:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Siemens (PK) (USOTC:SIEGY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Siemens (PK) (USOTC:SIEGY)
Historical Stock Chart
From Apr 2023 to Apr 2024
