This text has been automatically translated from German to English.
Bentley Systems, a provider of design software, and Siemens want to expand their collaboration and further develop commercial initiatives. For this reason, funding for their joint innovation investment program will be increased from an initial €50 million to €100 million.
In addition, Siemens now holds a stake in Bentley Systems of more than nine percent due to its continued investment in secondary shares from Bentley's share capital.
"An enterprise-wide integrated approach to data and IoT networking via MindSphere will help our customers on both sides reap the benefits of holistic digital twins"
says Klaus Helmrich, member of the Siemens Managing Board.
