Lewis Silkin has advised Breed Reply Investments on the sale of Senseye to Siemens
20 June 2022
Lewis Silkin has advised Breed Reply Investments on the sale of Senseye to Siemens.
Senseye is a leading provider of outcome-oriented predictive maintenance solutions for manufacturing and industrial companies. Siemens is further expanding its portfolio in the field of innovative predictive maintenance and asset intelligence with the acquisition of Senseye. The global industrial analytics software company is headquartered in Southampton, in the UK. Senseye’s predictive maintenance solution enables a reduction in unplanned machine downtimes by up to 50%, increased maintenance staff productivity by up to 30%.
The Lewis Silkin team was led by corporate partner, Geraint Tilsley
Commenting on the deal, Geraint Tilsley said:
“It was an absolute pleasure advising Breed Reply Investments on the sale of Senseye to Siemens. It once again demonstrates Lewis Silkin’s deep expertise in the technology sector.”