Siemens' acquisition of Radica a natural progression for both parties Yip tapped a deep fear of not making it in life, to entrepreneurial success In July 2022, a global technology company with a 175 year history, focused on industry, infrastructure, transport, and healthcare based in Munich, Germany acquired a small industrial and design software company based in Ipoh, Malaysia, for an undisclosed amount. “When Siemens first contacted me, it was obvious to both parties that an acquisition was the most natural thing to do,” said the founder and CEO of Radica Software, the soft spoken and unassuming Thomas Yip (pic,…