In a landmark move set to reshape India’s electric mobility landscape, Jupiter Wagons Limited (JWL), a major player in transportation solutions spanning rail, road, and marine sectors, has announced the acquisition of Log9 Materials’ Railway and Electric Truck Battery divisions through its subsidiary, Jupiter Electric Mobility (JEM). This acquisition is poised to enhance Jupiter Electric […]
In a significant advancement for automotive technology, Wipro Limited, a global leader in technology services and consulting, has announced a strategic collaboration with Siemens. This partnership is set to transform the landscape of automotive software development by integrating Siemens’ PAVE360 software and digital twin technologies with Wipro’s renowned automotive engineering and digital transformation capabilities. Accelerating […]
Siemens is set to revolutionize the hydrogen industry by introducing new generative artificial intelligence (AI) software tools designed to enhance the design, engineering, and automation of hydrogen plants. These advanced solutions, which will be available through Siemens Xcelerator marketplace by the end of 2024, aim to expedite the scale-up of green hydrogen production, a critical […]
KPS Capital Partners, LP has announced a definitive agreement to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion. The transaction is slated for completion between Q4 2024 and Q1 2025, pending customary closing conditions and approvals. Strategic Acquisition to Boost Global Presence Innomotics, a global leader in electric motor and […]
In an exciting development for the technology and engineering sectors, Siemens and Sony Corporation have announced a partnership to introduce a new solution combining the Siemens Xcelerator portfolio of industry software with Sony’s new XR head-mounted display (HMD), the SRH-S1. This innovative product was designed using Siemens’ NX software, a core solution widely used across […]
Microsoft and Siemens are set to broaden their collaboration, bringing the power of generative AI to global industries. Central to this partnership is the introduction of Siemens Industrial Copilot, an AI-assisted tool designed to enhance human-machine interaction in manufacturing environments. In a move to foster the industrial metaverse, Siemens Teamcenter’s integration with Microsoft Teams is […]
HCLTech, a prominent global technology firm, has signed a multiyear Managed Public Cloud Services agreement with Siemens AG, a German technology heavyweight. The deal aims to overhaul Siemens AG’s global IT infrastructure while migrating and optimizing its resources on AWS and Azure platforms. Focus on Security and Cloud Automation Committed to high security standards, HCLTech […]
Siemens AG, a global powerhouse in electrical engineering and electronics, announced a definitive agreement to acquire Heliox, a Netherlands-based leader in fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The acquisition is a strategic move to fortify Siemens’ eMobility business, especially its charging portfolio. Subject to customary regulatory approvals, the transaction aims to […]
Siemens Mobility and ÖBB (Austrian Federal Railways) have announced a landmark collaboration aimed at digitizing Austria’s entire rail network. In a massive upgrade, the first section featuring the modern digital European Train Control System (ETCS) Level 2 has been successfully commissioned between Linz and Vöcklabruck. This cutting-edge technology aims to enhance the route’s capacity and […]
Torrent Power Ltd. (TPL), a prominent electric utility company, has made its entry into the electric mobility infrastructure sector with the establishment of four electric vehicle (EV) charging stations in Ahmedabad. Plans for two additional stations in Surat are also underway, along with other cities in the pipeline. The inaugurating ceremony held at Prahladnagar, Ahmedabad […]