Siemens has announced the acquisition of BuntPlanet, a technology company based in San Sebastian, Spain. BuntPlanet’s software supports customers with smart metering solutions, water quality, asset management, and integration of hydraulic models and artificial intelligence for detecting leaks and other anomalies in water networks. Siemens has had a licensing agreement with BuntPlanet since 2019 to sell their leakage detection software known as SIWA LeakPlus. With this acquisition, BuntPlanet’s entire offering and team will be integrated with Siemens’ application portfolio for water utilities making it even more comprehensive for water customers.
“We are excited to welcome the BuntPlanet team to Siemens and strengthen our software portfolio for the water industry. The digitalization of the water industry is key to tackling current and future challenges of the global water supply. This acquisition will enable us to provide our customers with a more integrated and comprehensive solution for managing their water networks." said Axel Lorenz, CEO of Process Automation at Siemens.
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