[antattack]

"for USD 0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens’ offerings and Supplyframe’s marketplace intelligence. [...]The acquisition also strengthens the Siemens portfolio through Software as a Service (SaaS) "

Software as Service appears to be the ultimate goal.

[prennert]

It is not not uncommon for enterprise focused and traditionally hardware-strong businesses to try to pivot into SaaS as a way to bolster their revenue.