Siemens completes Brightly buy to bolster smart infrastructure business
Siemens has completed its acquisition of US firm Brightly, a provider of cloud-based asset management and maintenance management software for buildings, and more broadly for built infrastructure. Brightly joins Siemens’ smart infrastructure business, called Siemens Smart Infrastructure. The deal was first announced on June 27.
Brightly is headquartered in North Carolina, and has around 800 staff and 12,000 customers, mainly in the US, Canada, the UK, and Australia. Siemens said the deal “elevates” its smart infrastructure business to a “leading position” in the software market for buildings and built infrastructure.
A statement said: “It adds Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings. Brightly’s addition… accelerates the build-up of [Siemens’] software-as-a-service business.”
Matthias Rebellius, chief executive of Siemens Smart Infrastructure, said: “Together with Brightly, we can take buildings to the next level of performance and strengthen Siemens’ standing in the fast-growing market of buildings and built infrastructure..”
Kevin Kemmerer, chief executive at Brightly, said: “With digital transformation and ESG mandates on the rise, our global community is at a crossroads – one that requires intelligent software solutions to transform the performance of infrastructure assets. Together with Siemens, we’re well positioned to help clients build a future where efficient operations and smart assets power sustainable communities.”