Siemens AG

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q2 2022

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Siemens AG is a technology company, which engages in the areas of automation and digitalization. It operates through the following segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment offers a product portfolio and system solutions for automation used in discrete and process industries. The Smart Infrastructure segment includes products, systems, solutions, services and software to support a transition from fossil to renewable energy sources. The Mobility segment combines all Siemens businesses in passenger and freight transportation. The Siemens Healthineers segment develops, manufactures, and sells diagnostic and therapeutic products, and services to healthcare providers. The Siemens Financial Services segment focuses on financing solutions for Siemens’ customers as well as other companies in the form of debt and equity investments. The company was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.

Siemens enlists IBM to build applications on private clouds it manages on behalf of manacturing companies.

Siemens and IBM extend alliance to IoT for manufacturing

Siemens Gamesa is currently trading close to its fair value.

Siemens Gamesa: Not The Right Time To Buy

LAS VEGAS--(BUSINESS WIRE)-- #SiemensAdvanta--Siemens Advanta Helps Bleutech Park Las Vegas Lay Framework for Smart City Vision

Siemens Advanta Helps Bleutech Park Las Vegas Lay Framework for Smart City Vision

HARLEYSVILLE, Pa.--(BUSINESS WIRE)--Siemens recently announced that it can provide a fully integrated modular production solution by leveraging its SIMATIC PCS 7 and SIMATIC Batch and Biostat STR DCU from Sartorius. A demo is being showcased at the Sartorius Application Center in Bohemia, New York. One way to obtain flexibility and speed in the biopharmaceutical industry is modular production—production using individual smart components that are flexibly arranged into a production line and orch

Siemens Showcases Its Integrated Modular Production Solution That Leverages Its SIMATIC PCS 7 and SIMATIC Batch With Biostat STR DCU From Sartorius

Paris, February 16, 2021 – Atos, Axione and Siemens have been awarded the contract to supply, implement and maintain the multi-service network and video surveillance system for three of the four future Parisian metro lines (15, 16 and 17) which are part of « Grand Paris Express  », the largest urban transport project in Europe. The project includes the construction of an automatic metro around Paris to avoid passing through the center of the French capital. The contract awarded to Atos, Axione and Siemens is worth €153 million and will continue until the construction of the Grand Paris Express is completed.

Atos, Axione and Siemens to manage multi-service network and monitoring of three new metro lines in Paris

RESTON, Va.--(BUSINESS WIRE)--Siemens Government Technologies Secures Contract Valued up to $21 million for Electronic Security & Maintenance Services on Florida's Space Coast

Siemens Government Technologies Chosen for Electronic Security System Maintenance & Services on Florida's Space Coast

ATLANTA--(BUSINESS WIRE)--Siemens Honored with Nine Wins in the Control Engineering 2021 Engineers' Choice Awards

Siemens Honored with Nine Wins in the Control Engineering 2021 Engineers' Choice Awards

Siemens Aktiengesellschaft (SIEGY) CEO Joe Kaeser on Q1 2021 Results - Earnings Call Transcript

The plan will see more than 200 turbines used for the project.

Siemens Energy unit picked to install 'next generation turbines' at $9 billion offshore wind hub

Siemens Energy on Tuesday said it would cut 7,800 jobs in its gas and power division, including 3,000 in Germany and 1,700 in the U.S. "Among other things, we want to reduce procurement costs and lower non-conformance costs - the extra charges incurred in executing projects. We also want to standardize and modularize our production processes and simplify internal processes and structures," said Christian Bruch, its chief executive.

Siemens Energy to cut 7,800 jobs in its gas-and-power segment

General Electric

Siemens Energy has received a lawsuit filed by rival General Electric accusing a unit of the German firm of using stolen trade secrets to rig bids for gas turbine contracts and cover up improper business gains of more than $1 billion.

Siemens Energy CEO says group has received GE lawsuit

RIO DE JANEIRO--(BUSINESS WIRE)--Prumo, bp, Siemens and SPIC Brasil ("SPIC") today announced the completion of the previously announced transaction.

Prumo, bp and Siemens Close Agreement with SPIC to Participate in Energy Infrastructure Projects in Brazil

Siemens Healthineers AG

Siemens Healthineers AG (SEMHF) CEO Bernd Montag on Q1 2021 Results - Earnings Call Transcript

RESTON, Va.--(BUSINESS WIRE)--Siemens today announced the U.S. Air Force has selected Teamcenter® software as the foundational system of record to support its digital acquisition and sustainment strategy for critical systems and technologies across the service. The selection of Teamcenter as the Air Force enterprise standard follows a 2019 indefinite-delivery / indefinite-quantity contract for $24.6 million to Siemens for licensing, maintenance and support. Teamcenter, part of the Xcelerator™ p

U.S. Air Force to Standardize on Siemens' Teamcenter as Its Product Lifecycle Management Platform

The high-tech businesses that the multinational conglomerate has staked its future on performed better than expected in the last quarter.

Siemens' Digital Transformation Is Picking Up Steam. The Stock Jumped 6%.

General Electric sued the German company over the alleged theft of trade secrets it claims were used to win contracts worth billions of dollars.

Siemens Energy Tumbles as GE Sues Rival Over Alleged Trade Secrets Theft

LONDON, Jan. 15, 2021 /PRNewswire/ -- Britishvolt, Britain's foremost investor in battery technologies, today announces that it has entered into an exclusive technology collaboration agreement with Siemens. The collaboration will see Siemens provide Britishvolt with access to its...

Britishvolt Enters Exclusive Technology Collaboration With Siemens UK

The fierce competition in the gas turbine market just entered a new level.

General Electric Claims Siemens Energy Won Contracts Due to Stolen Trade Secrets

Since the disclosure, Siemens Energy has "steadfastly refused" to assure GE that documents containing the trade secrets have been destroyed, the lawsuit says.

GE accuses Siemens Energy of using stolen trade secrets to rig contract bids in new lawsuit

General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than $1 billion, according to a lawsuit filed on Thursday.

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

WASHINGTON--(BUSINESS WIRE)--The Siemens Foundation and Northern Trust today announced a commitment of $10 million to two Community Development Financial Institutions Funds (CDFI) to support racial and social equity in underserved communities. CDFIs provide low-income, low-wealth, and other disadvantaged people with the capital they need for meaningful economic opportunity and development. The Siemens Foundation partnered with Northern Trust to identify the CDFIs selected and facilitate the inv

Siemens Foundation and Northern Trust to Invest $10M in Community Development Financial Institutions to Support Racial and Social Equity in Underserved Communities

Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the mass production of renewable hydrogen.

Exclusive: Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

WASHINGTON--(BUSINESS WIRE)--The Siemens Foundation today announced that Juan Cantu, national operations manager for Siemens Smart Infrastructure, and Denise Quarles, head of external affairs for Siemens USA's Southeast region, have been named to the Siemens Foundation Board of Directors. “We welcome Juan and Denise to our board of directors and look forward to benefitting from the tremendous skills and experiences they each bring,” said Barbara Humpton, chair of the Siemens Foundation Board of

Siemens Foundation Appoints Juan Cantu and Denise Quarles to Board of Directors

Siemens Healthineers is a the medical technology spin-off of Siemens and went public in early 2018. The current fiscal year has been very challenging for the company, but overall results are better than they seem, and FY2021 should see the company return to growth.

Siemens Healthineers: A Rising Star

OAKVILLE, Ontario, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Siemens Canada has announced that its Canadian employees, apart from Senior Managers, will share in a total payout of $3.4 million in appreciation of a solid performance and their additional efforts during the COVID-19 crisis this year. The payments, which equate to approximately $1,550 per eligible employee, also recognize that employees across Canada have faced additional burdens caused by the pandemic. The announcement follows the recent commitment by parent company Siemens AG regarding the distribution of a €200 million payout to employees globally.

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