Deals
Siemens Considers Bentley Systems Bid in New Digital Push
- Purchase would mark renewed move into software for Siemens
- Bentley has more than 3,500 staff and $700 million in revenue
Attendees use the Bentley Systems Inc. Synchro XR augmented reality app with HoloLens 2 headsets.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Siemens AG is weighing an acquisition of Bentley Systems Inc., according to people familiar with the matter, in what would mark a fresh push into industrial-software dealmaking by Europe’s largest engineering firm.
Bentley, if purchased, would become part of Siemens’s digital industries division, the people said, asking not to be identified as the information is private. No final decisions have been made and a deal could still fail to materialize, the people said.