Siemens announces intent to acquire ebm-papst’s industrial drive technology (IDT) business to enhance Xcelerator portfolio
Acquiring Company
Siemens
Acquired Company
ebm-papst
MunichGermanyInformation TechnologyArtificial IntelligenceTransportationCyber SecurityMachine LearningLogisticsFleet ManagementmachineryManufacturingDescription
Siemens has announced its intent to acquire ebm-papst’s industrial drive technology (IDT) business, including intelligent, integrated, network-connected mechatronic systems and motion control systems. The acquisition is described as a strategic addition to Siemens' Xcelerator portfolio, providing IoT-enabled hardware and software, and expanding capabilities in areas like artificial intelligence and digital twins.
Quick answer
Siemens is acquiring ebm-papst, announced March 27, 2024. Siemens is based in Munich, Bavaria, Germany.
- How much did Siemens pay for ebm-papst?
- The deal value was not disclosed.
- What does Siemens do?
- Visit Siemens, the technology company focused on industry, infrastructure, transport, and healthcare.
- Where are Siemens and ebm-papst based?
- Siemens is based in Munich, Bavaria, Germany. ebm-papst is based in Germany.
- Who are the decision-makers at Siemens?
- Fundz holds 3 contacts at Siemens. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Cyber Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Valmet completes acquisition of Process Gas Chromatography & Integration business from Siemens AG (April 2, 2024)
- Valmet completes acquisition of Process Gas Chromatography business from Siemens AG (April 2, 2024)
- Associated Terminals completes acquisition of S.H. Bell Company to expand service offerings (May 10, 2024)
- Aurionpro Solutions Limited acquires Arya.ai to strengthen Enterprise AI platforms for Financial Institutions (April 20, 2024)
- Rehrig Pacific completes acquisition of QTEK Design to revolutionize logistics and material handling technologies (April 17, 2024)
- DFDS acquires international transport network of Ekol Logistics to expand logistics network to Türkiye (April 9, 2024)
Who to call at Siemens, and when
When Siemens changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Siemens raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Siemens, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Siemens. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Siemens makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired ebm-papst?
ebm-papst was acquired by Siemens, based in Munich. The deal was reported on March 27, 2024. Visit Siemens, the technology company focused on industry, infrastructure, transport, and healthcare. Siemens is privately held and operates in Information Technology.
When did Siemens acquire ebm-papst?
Siemens's acquisition of ebm-papst was reported on March 27, 2024. Siemens has announced its intent to acquire ebm-papst’s industrial drive technology (IDT) business, including intelligent, integrated, network-connected mechatronic systems and motion control systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ebm-papst do?
ebm-papst is a leading global manufacturer of innovative fans and motors. Its industrial drive technology (IDT) business focuses on providing ultra-low voltage motors for various industrial applications. It is privately held, operating in Manufacturing, and is based in Germany.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.