Siemens AG

Earnings data Q2 2021

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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 Digital Industries Software, a unit of Siemens AG , on Monday said it launched new software called Tessent Multi-die that automates a design process for testing chips made with advanced packaging.

Siemens automates design process for testing new chips with advanced packaging

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A number of multinational firms have attempted to lay down a marker in the green hydrogen sector in recent years.

Siemens commissions one of the biggest green hydrogen production plants in Germany

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Siemens reported June quarter 2022 earnings on August 11 and has announced the first quarterly loss since more than a decade. Adjusting for non-recurring charges, Siemens has delivered a solid June quarter, growing revenues 11% year-over-year.

Siemens: Investors Should Remain Bullish

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Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years.

Siemens' writedown pushes company into first loss since 2010

Under Clearlake's ownership, Brightly transformed into a leading cloud-based asset management software platform with a broad suite of products solving operational and planning needs SANTA MONICA, Calif. and CARY, N.C.

CLEARLAKE CAPITAL COMPLETES SALE OF BRIGHTLY SOFTWARE TO SIEMENS

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Estonian energy storage tech firm Skeleton Technologies will build a new factory, planned by Siemens, for supercapacitors near Leipzig, Germany, with production to begin in 2024, the company said on Tuesday.

Estonia's Skeleton to build Siemens-designed supercapacitor factory in Germany

The current market climate turns overvalued companies into undervalued opportunities. Siemens is one such company. I'm heavily invested in Siemens - and there's a reason for this. In this article, I will remind you of the reasons, and also show you what you can expect.

Revisiting Siemens - Now More Of A 'Buy'

German engineering and technology firm Siemens has teamed up with chip maker Nvidia to launch a metaverse where companies can reduce the cost of running their plants and accelerate new production designs. As Reuters reported Wednesday (June 29), the agreement is the foundation of Siemens Xcelerator, the company's new open, cloud-based digital platform, aimed at […]

Siemens, Nvidia, Team up for Industrial Metaverse

MUNICH, Germany, June 29, 2022 (GLOBE NEWSWIRE) -- Siemens, a leader in industrial automation and software, infrastructure, building technology and transportation, and NVIDIA, a pioneer in accelerated graphics and artificial intelligence (AI), today announced an expansion of their partnership to enable the industrial metaverse and increase use of AI-driven digital twin technology that will help bring industrial automation to a new level. As a first step in this collaboration, the companies plan to connect Siemens Xcelerator, the open digital business platform, and NVIDIA Omniverse™, a platform for 3D design and collaboration. This will enable an industrial metaverse with physics-based digital models from Siemens and real-time AI from NVIDIA in which companies make decisions faster and with increased confidence.

Siemens and NVIDIA to Enable Industrial Metaverse

Industrial technology giant, Siemens, detailed a partnership with Nvidia to enable artificial intelligence (AI) digital twin capabilities.

Siemens and Nvidia partner to enable digital twin for the industrial metaverse

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Volkswagen Group subsidiary Electrify America said Tuesday it raised $450 million in a deal that includes its first external investor as it aims to accelerate its rollout of ultra-fast charging stations in the U.S. and Canada. The deal, which values North America's largest ultra-fast EV charging network at $2.45 billion, includes more than $100 million […]

Volkswagen, Siemens invest $450M into Electrify America in EV charging push

The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated by Volkswagen.

Siemens investing in Volkswagen's Electrify America

German industrial giant Siemens AG is investing more than $100 million in Volkswagen AG's Electrify America unit, becoming the first outside investor in the North American network of electric vehicle charging stations.

Siemens to invest in Volkswagen's N.American charging network

The U.S.-listed shares of Siemens AG rose 0.7% in midday trading Monday, after Clearlate Capital Group L.P. announced an agreement to sell North Carolina-based Brightly Software Inc. to the Germany-based diversified technology company for $1.88 billion.

Siemens to buy NC-based Brightly Software for about $1.9 billion

Siemens is buying U.S. tech company Brightly Software from private equity owner Clearlake Capital for $1.58 billion, the German engineering group said on Monday, its latest move to broaden its software credentials and grow faster than rivals.

Siemens to buy U.S. software company Brightly in $1.58 billion deal

Siemens AG is a leading engineering and manufacturing company based in Germany. Siemens serves customers in almost every industry and operates its business through four main segments: mobility, healthcare, digital industries and smart infrastructure.

Siemens: A Standout Amidst Macro-Economic Headwinds

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q2 2022 Earnings Conference Call May 12, 2022 3:30 AM ET Company Participants Eva Riesenhuber - Head of IR Roland Busch - CEO Ralf Thomas - CFO Conference Call Participants Gael de-Bray - Deutsche Bank Andreas Willi - JPMorgan Guillermo Peigneux - UBS Ben Uglow - Morgan Stanley Alexander Virgo - Bank of America Merrill Lynch Simon Toennessen - Jefferies James Moore - Redburn Operator Good morning, ladies and gentlemen, and welcome to Siemens 2022 Second Quarter Conference Call. As a reminder, this call is being recorded.

Siemens Aktiengesellschaft (SIEGY) CEO Roland Busch on Q2 2022 Results - Earnings Call Transcript

As far as Covid testing is concerned, Siemens Aktiengesellschaft ( SIEGY , Financial) is bucking the trend. The Healthineers unit of the diversified Munich-based technology company saw its diagnostics revenue climb more than 37% in the second quarter, due in great part to a tripling of its Covid-19 test sales, which came in at more than $717 million, up about 350% from the same period a year earlier.

Sales of Siemens Covid Test Expected to Continue Ascent

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Siemens AG (SIEGY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

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News for Siemens AG Stock (SIEGY)