Siemens has acquired the fire safety technology company Danfoss Fire Safety from the Danish Danfoss Group, as the technology company announced on Monday.

This acquisition is another step in Siemens' strategy to strengthen its position in the field of intelligent building technologies and provide innovative security solutions for modern infrastructures. By integrating high-pressure water mist technologies, Siemens can offer its customers customized solutions for complex fire-fighting requirements while expanding its market leadership in the field of Smart Infrastructure.

The purchase price for Danfoss Fire Safety has not yet been disclosed. Despite the positive strategic direction, the acquisition was immediately reflected in Siemens' stock price, which fell by 2.28 percent to 180.18 euros on the XETRA trading platform. Analysts attribute the stock decline to uncertainty about the financial impact of the takeover, while also acknowledging the long-term benefits of Siemens' expanded product range.

In a market increasingly characterized by innovative fire extinguishing technologies, Siemens positions itself as a pioneer. The growing safety requirements and increased investments in intelligent infrastructure projects worldwide drive the demand for advanced solutions like those from Danfoss Fire Safety.

The integration of Danfoss Fire Safety allows us to significantly expand our offerings in the field of Smart Infrastructure and provide our customers with state-of-the-art fire fighting solutions," said a Siemens spokesperson. This statement underscores the company's commitment to further expanding its market leadership in intelligent building technologies through targeted acquisitions.