Innovation Strategies joins Siemens Advanta
The company becomes a new member of the international Siemens Family
Innovation Strategies has been acquired by Siemens Advanta, one of Siemens' strongest international divisions. The transaction was signed and concluded on July 1, 2022.
Innovation Strategies is a successful digital consulting services and custom software development company with offices in Palma de Mallorca, Cordoba and Seville. The company has around 100 employees, who will continue to apply their valuable digital capabilities across all sectors.
"We welcome the Innovation Strategies team, and are delighted to expand our growing business," said Aymeric Sarrazin, CEO of Siemens Advanta. "By combining our go-to-market and deep industry knowledge with Innovation Strategies' digital capabilities, we will create value, which is crucial to accelerate the digital transformation of our customers and partners. We intend to scale Innovation Strategies' business by leveraging its experienced team and existing digital expertise."
Commenting on the importance of this acquisition, Miguel Angel Lopez, CEO of Siemens Spain, said, "With this move, Siemens demonstrates the commitment to expand its presence in Spain, which is among the largest markets for digital transformation services in the EU."
Miguel Fernandez Diaz, CEO of Innovation Strategies, said, "We are very pleased to join the Siemens Advanta family in this new phase of our growth journey. This acquisition expands our capabilities to better serve our customers and offers tremendous opportunities for our employees."
Siemens Advanta enables its customers to unlock the digital future through its end-to-end solutions, and drive the digital transformation of entire industries. Siemens Advanta combines more than 9,000 employees in 19 countries and 89 offices into a global network of cross-functional teams and highly skilled experts.
