Siemens Plans to Acquire Edge Technology from Pixeom

Siemens is planning the acquisition of Edge technology from the US company Pixeom.  With this action, Siemens is strengthening its Industrial Edge portfolio by adding software components for Edge runtime and for device management.  Siemens Industrial Edge provides an ecosystem, which enables the flexible provision and use of apps.  This means, for example, that appropriate apps can analyze data locally at the machine and send relevant data to the higher-level Industrial Edge Management System for global analytics.  With this acquisition, Siemens is driving forward the expansion of its Digital Enterprise portfolio and the integration of technologies for the digital transformation of industry.

With the resulting Industrial Edge ecosystem, industrial companies can use production data even more efficiently and react more flexibly to changes in conditions.

Siemens is using Docker standard container technology: the provision of apps in the management system will therefore be just as simple as functional upgrades and updates of Edge devices in the factory from a central point.

Siemens intends to acquire this technology from Pixeom and use it in the Business Unit Factory Automation, which is part of Siemens Digital Industries.  Pixeom has sites in San José, California and Udaipur, India and employs 81 people worldwide.  Closing of the transaction is planned for the fourth quarter of 2019.  Both companies have agreed not to comment on the financial details of the transaction.