Acquisitions & Partnerships Viewpoints

In a follow up to their January announcement, A.P. Moller –Maersk and IBM announced the creation of TradeLens, jointly developed by the two companies to apply blockchain shipping to the world's global supply chain.

SparkCognition, a global artificial intelligence (AI) company, announced its collaboration with Siemens to deploy SparkCognition's AI solutions on MindSphere, the Internet of Things (IoT) operating system from Siemens.

Mitsubishi Electric Corporation announced the acquisition of ASTES4 SA, a company based in Switzerland that is engaged in development, production and sales of patented automated sorting solutions for sheet metal laser processing machines.

AVEVA signed a partnership agreement with Virsec, a provider of advanced cybersecurity technologies.

Cisco is planning to buy Duo Security, a company that provides enterprises with secure multi-factor authentication services, for $2.35 billion, the two companies announced.

Siemens has signed an agreement today to acquire mendix, a pioneer in cloud native low code application development.

Fortive Corporation announced that it has entered into a definitive agreement with Genstar Capital to acquire Accruent.

ABB Control Technologies and Actemium, the VINCI Energies brand dedicated to industry and major player in industrial processes, signed a global agreement to significantly expand their existing relationship.

ABB will acquire intrion, a privately owned company headquartered in Huizingen, close to Brussels.

Bentley Systems, a global provider of comprehensive software solutions for advancing infrastructure, recently announced the acquisition of Synchro Software, headquartered in London.