Browsing Tag
Siemens
40 posts
Siemens pours €1bn into German industrial metaverse innovation
In a decisive move to bolster Germany’s innovation capacity, Siemens has announced plans to invest €1 billion in…
July 15, 2023
Siemens Mobility secures €3bn locomotive contract from Indian Railways
Siemens Mobility has secured an INR 26,000 crores (approximately €3bn) contract to supply 1,200 electric locomotives of 9,000…
January 17, 2023
Siemens Smart Infrastructure closes $1.6bn acquisition of Brightly Software
Siemens Smart Infrastructure (SI) has closed the previously announced $1.575 billion acquisition of Brightly Software, an American software-as-a-service…
August 7, 2022
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…
May 15, 2022
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.…
May 18, 2021
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…
October 29, 2020
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…
June 28, 2020
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…
March 30, 2019
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…
September 10, 2018
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…
November 18, 2017