Tag: Siemens
Siemens to shut down businesses in Russia amid Ukraine war
German conglomerate Siemens said that it will pull out from the Russian market in response to the country’s ongoing war against Ukraine. Siemens stated that ... Read More
Siemens to acquire design-to-source platform Supplyframe for $700m
Siemens has agreed to acquire Supplyframe, a California-based design-to-source platform for the electronics value chain, for $700 million. Supplyframe is said to have created a ... Read More
Siemens to sell mechanical and electrical drive business Flender to Carlyle for €2bn
Siemens has signed an agreement to sell Germany-based mechanical and electrical drive systems supplier Flender to the Carlyle Group for €2.025 billion. Flender provides a ... Read More
Galaxy Semiconductor to acquire Quantix Business from Mentor Graphics
US-based Galaxy Semiconductor Solutions has agreed to acquire almost all of the assets of the Quantix Business from Mentor Graphics, a business owned by Siemens ... Read More
Siemens to supply 41MW mobile unit for Bayat-1 power plant in Afghanistan
Siemens has received an order from Bayat Power, a subsidiary of Bayat Group, to supply a 41MW SGT-A45 mobile unit for the Bayat-1 power plant ... Read More
Siemens bags grid connection contract for Triton Knoll offshore wind farm
Siemens Energy Management has bagged a contract from Innogy to design, supply and build the grid connection for the 860MW Triton Knoll offshore wind farm ... Read More
Siemens job cuts 2017 : About 7,000 jobs to go as gas turbine demand falls
Energy industry news : In the latest news about Siemens job cuts 2017, the industrial manufacturing company has announced its decision to slash close to ... Read More