{"id":"b0f53ef8-0da9-4729-862c-1bb71f10224d","slug":"siemens-acquires-mendix-2018","acquirerCompanyId":"f4d48bc8-5c9e-4d6e-b92a-1a7227cf47f1","acquiredCompanyId":"c3a5bbe5-a0c9-48f8-baf3-704fe9341dab","acquirerName":"Siemens","acquiredName":"Mendix","announcementDate":"2018-08-01T00:00:00.000Z","closeDate":"2018-10-01T00:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"730000000","valuationBasis":"reported","summary":"Siemens acquired Mendix for ~$730 million (announced Aug 2018; closed Oct 2018), a leading low-code application-development platform, strengthening Siemens' digital-enterprise software. (month-precision dates)","sources":[{"url":"https://press.siemens.com/global/en/pressrelease/siemens-strengthens-its-digital-enterprise-leadership-acquisition-mendix","title":"siemens-acquires-mendix-2018","sourceName":"Siemens"}],"verificationPosture":"verified","reviewStatus":"unreviewed","createdAt":"2026-06-24T18:21:07.308Z","updatedAt":"2026-06-24T18:21:07.308Z","acquirerCompany":{"id":"f4d48bc8-5c9e-4d6e-b92a-1a7227cf47f1","slug":"siemens","name":"Siemens"},"acquiredCompany":{"id":"c3a5bbe5-a0c9-48f8-baf3-704fe9341dab","slug":"mendix","name":"Mendix"},"assets":[]}