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September 24, 2019

The “try before you buy” model: Siemens’ £100m+ purchase of PSE

Siemens and PSE had been in talks for four years and in partnership for 18 months.


Maija Palmer

2 min read

Siemens’ acquisition of Process Systems Enterprise [the value of which was not publicly disclosed but which Sifted understands to have been in excess of £100m] did not come out of the blue. Siemens and London-based PSE began talks about collaboration four years ago and started working jointly on projects a year and a half ago.

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Startups Siemens has invested in over the past 2 years. Source: Dealroom
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