Building automation
Siemens takes over J2 Innovations
Siemens is acquiring J2 Innovations (J2), a software framework provider for building automation and IoT headquartered near Los Angeles, California. The transaction is expected to be completed by the end of May 2018.
J2 Innovations has been developing software for the Internet of Things (IoT) for ten years and is known for its framework technology 'FIN' (Fluid Integration) both in the USA and internationally. "This acquisition complements our growing digital portfolio and helps us to take a leading role in the digital transformation by providing even better IoT solutions for our customers," explains Uwe Frank, CEO of Siemens Building Technologies Control Products and Systems.
With the acquisition, both partners plan to further expand J2's OEM business globally. To this end, new employees will be hired in the USA and new branches will be opened in Europe and Asia. J2 Innovations will operate as a legally independent entity and wholly owned subsidiary of Siemens Industry, Inc.
'FIN' is a software framework that can operate, control and monitor devices and automation systems in buildings of any size. The system can be operated on a tablet or smartphone as well as on a desktop computer and installed on embedded systems, servers and in the cloud.
You might also be interested in
Siemens takes over Enlighted
The Siemens Building Technologies Division has announced the acquisition of Enlighted, a Silicon Valley-based provider of intelligent IoT solutions for buildings, with the aim of further advancing the digitalization of building technology.
read more...Siemens and UL Solutions digitize certification process
For the first time, an industrial product was certified for the USA after some of the required tests were digitally simulated and the results confirmed by physical tests. This was made possible with the help of the digital twin.
read more...Strong finish to the 2023 financial year
According to Siemens, revenue and order intake increased by 10% and 6% respectively on a comparable basis in the fourth quarter of 2023. In the Industrial Business, Siemens recorded its highest earnings and profitability figures ever.
read more...Security test suite for industrial networks
Siemens has expanded its industrial cybersecurity portfolio by launching an all-in-one security test suite for industrial communication networks.
read more...Innomotics launches as a Siemens subsidiary
Siemens is bundling its range of motor and large drive systems under the name Innomotics. The company was launched in Germany on July 1, 2023 as a wholly owned Siemens subsidiary.
read more...Cooperation expanded
Prostep and Siemens Digital Industries Software have expanded their collaboration: Now the Siemens software Polarion ALM and Teamcenter Manufacturing from the Siemens Xcelerator portfolio can also be connected to Prostep's OpenPDM integration...
read more...Plus 27 % in industrial business
Siemens has continued its strong growth momentum with comparable order growth of 20% since the beginning of the fiscal year, as CEO Roland Busch explained on the occasion of the publication of Siemens' quarterly figures. The figures in detail.
read more...Prototype interface for advanced robotics
The coupling between PLC and robot controller is crucial for the integration of advanced robotics applications in an automation environment. With ArTIA, Artiminds and Siemens have developed a software connector that links their engineering tools.
read more...Siemens stops new business with Russia
More and more German companies are withdrawing from Russia due to the war in Ukraine. Siemens is now discontinuing new business in the country. The impact on sales is likely to be limited.
read more...