Siemens at a Glance
Siemens is a global technology powerhouse focusing on intelligent infrastructure, automation and digitalization and intelligent mobility solutions. Via its majority stake in Siemens Healthineers, it also provides medical technology and digital health services.
mendix is a pioneer and leader in cloud native low code application development with their platform. The company has over 400 employees and its software-as-a-service business model results in over 90 percent of sales being recurring.
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Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world's most successful electronic, semiconductor and systems companies.
CD-adapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines including Fluid Dynamics (CFD), Solid Mechanics (CSM), heat transfer, particle dynamics, reactant flow, electrochemistry, acoustics and rheology.
With its comprehensive portfolio of compressors, steam turbines, gas turbines and engines, Dresser-Rand is a leading supplier for the oil & gas, process, power and other industries in the related energy infrastructure markets worldwide. The acquisition complements Siemens' existing offerings, notably for the global oil & gas industry and for distributed power generation.
Rolls-Royce Energy’s gas turbine and compressor business is one of the leading providers of aero-derivative gas turbines. Siemens is acquiring the Rolls-Royce Energy aero-derivative gas turbine and compressor business and thereby strengthening its position in the growing oil and gas industry as well as in the field of decentralized power generation.
LMS International NV, Belgium, is a leading provider of mechatronic simulation solutions. With the acquisition Siemens intends to expand and complement the Industry Sector’s product lifecycle management portfolio with mechatronic simulation and testing software.
Siemens acquired all of the shares of five entities constituting the Connectors and Measurements Division of Expro Holdings UK 3 Ltd. The acquired business engineers and manufactures subsea components such as cable connectors, sensors and measuring devices. With this acquisition Siemens aimed for strategically expanding its portfolio in the attractive future market for subsea power grids.
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The Dutch sister companies NEM B.V. and Nem Energy Services B.V. (NES) are two specialists in heat recovery steam generators for combined-cycle (gas and steam) power plants (CCPP), key components in the construction of a combined-cycle power plant. This purchase enables Siemens to expand its capacities and enhance its expertise over the long term.
Siteco is a leading European lighting company supplying luminaires and lighting systems for urban infrastructures such as public and commercial buildings, streets, tunnels, airports and sports stadiums.
In January 2011, Siemens made a binding offer to purchase additional shares in order to increase its stake in its publicly listed Indian subsidiary Siemens Ltd. from about 55% to a maximum of 75%. The offer was accepted in full and the transaction was completed at the end of April 2011. Siemens thereby invested a total of roughly €1 billion.
With its acquisition of U.S. software producer UGS Corp., of Plano, Texas, the Siemens Automation and Drives (A&D) Group expands its product spectrum in automation technology to include industrial software for planning, design and simulation in Product Lifecycle Management (PLM). As a trendsetter in industrial automation, Industry Automation is now able to offer its customers worldwide solutions for creating digital factories.
Siemens has increased its stake in the Russian company Power Machines and thereby strengthened its position on the Russian power market still further. Siemens has acquired a 20.62 percent holding in Power Machines from Interros, the majority shareholder to date. This new acquisition together with the existing stake (4.38 percent) gives Siemens a total holding of 25 percent plus one share in the leading manufacturer of power equipment
Siemens and Valeo have signed an agreement to form a joint venture in high voltage powertrains. With this move the companies create a global leader of innovative and affordable high-voltage components and systems for the entire range of electric vehicles including hybrids, plug-in hybrids and full electric vehicles. Siemens and Valeo each hold a 50% stake in the joint venture and have joint control.
Atos acquires Unify, a joint venture between The Gores Group (51%) and Siemens (49%). Unify is the number three world leader of integrated communication solutions. With this acquisition Atos intends to create a unique integrated proposition for unified communications.
Siemens Healthcare sold its microbiology business to Beckman Coulter Inc., a wholly owned subsidiary of Danaher Corporation. The activities of the microbiology business include systems for the identification and antibiotic susceptibility testing (ID/AST) of microorganisms.
Siemens Healthcare sold its hospital information system business (HS) to the US-based company Cerner Corp. The HS business is focused on administrative hospital IT and electronic patient records.
Siemens sold Siemens Audiology Solutions to the investment company EQT with the Wallenberg family as anchor investor and Germany's Strüngmann family of entrepreneurs as co-investor. Siemens remains invested in the hearing aid business with preferred equity of €200 million and benefits from future business successes. In addition, Siemens will have a seat on the board of the buyer group.
Siemens and Mitsubishi Heavy Industries (MHI) cooperate in the field of metallurgical industry and are forming a globally operating complete provider for plants, products and services for the iron, steel and aluminum industry. Both partners are contributing their metallurgical industry activities to the joint venture, MHI holds a 51-percent and Siemens a 49-percent stake.
Robert Bosch GmbH übernimmt 50-Prozent-Anteil von Siemens am gemeinsamen Joint Venture BSH Bosch und Siemens Hausgeräte GmbH (BSH). BSH wird 100-prozentige Tochtergesellschaft der Bosch-Gruppe. BSH kann langfristig Hausgeräte unter der Marke Siemens weiter produzieren und vertreiben.
Siemens sold parts of its water business to funds managed by American European Associates Investors LP, USA. The transaction was closed in January 2014. Siemens Water Technologies changed its name to Evoqua Water Technologies.
At the beginning of July 2013, Nokia and Siemens agreed that Nokia would acquire Siemens’ 50 percent stake in the joint venture Nokia Siemens Networks. The transaction was concluded in August 2013.
Siemens successfully completed its planned spin-off and listing of OSRAM in July, 2013. Upon the spin-off taking effect, the Siemens shareholders additionally received 1 no par value share (registered share) in OSRAM Licht AG per each 10 no par value shares (registered shares) in Siemens AG.
Siemens contributed its Siemens IT Solutions and Services for a total sum of ~ €850 million to Atos Origin. Siemens will be a sustainable shareholder of Atos Origin with a 15% stake for a period of at least five years.
Siemens sold its 34% minority stake share in the nuclear power joint venture Areva NP S.A.S to its joint venture partner Areva S.A. The investment was accounted for as available-for sale ﬁnancial asset held for disposal at Energy Sector. In 2001, Siemens combined its nuclear business activities with those of the French company Framatome and has since then held a minority share (34 percent) in the joint venture Areva NP (formerly Framatome ANP).
Siemens sold its 49% minority stake in Krauss-Maffei Wegmann GmbH & Co. KG (KMW) to the Wegmann Group, which already held a 51 percent stake in KMW. The investment used to be reported in Equity Investments. Siemens acquired its minority stake in KMW in the spring of 2001 in the course of the Atecs-Mannesmann transaction.
Siemens sold its Electronics Assembly Systems Business (EA), which was reported in Centrally Managed Portfolio activities, to ASM Pacific Technology Ltd. The transaction closed at the beginning of January 2011.
Siemens sold its 25% minority stake in Dräger Medical AG & Co KG to the majority shareholder Drägerwerk AG & Co. KGaA. The investment was accounted for using the equity method at the Healthcare Sector. In 2003, Siemens contributed the activities of its electro-medical unit to Dräger’s medical technology business, acquiring thereby a 35% stake in Dräger Medical AG & Co KG. In 2007 Siemens reduced its stake to 25%.
The private equity investor, the Gores Group, has acquired a 51% stake in Siemens Enterprise Communications, one of the leading suppliers of Unified Communication technologies.
When the joint venture is launched, the Siemens Enterprise Communication business will be strengthened by combining the business with two of Gores’ current portfolio companies: Enterasys – a network equipment and security solutions provider and SER Solutions, a call center software company. On an operational level, the business will be driven by The Gores Group.
Siemens and Arques Industries have signed an agreement to transfer a 80.2% stake in Siemens Home and Office Communication Devices GmbH & Co KG to Arques as of October 1, 2008. With this step, Siemens is rigorously continuing its strategy of focusing on the three Sectors Energy, Industry and Healthcare. On October 1st SHC has been renamed in Gigaset Communications GmbH.
Siemens closed the sale of its former fully owned subsidiary Siemens VDO Automotive AG on December 3, 2007. With this move, all shares in the company have been transferred to the buyer, Continental AG. The EU Commission approved the sale in the previous week. The purchase price for Siemens VDO, agreed upon in July 2007, was around €11.4 billion and included net debt of just under €400 million.
Nokia and Siemens announced that they intend to merge the Networks Business Group of Nokia and the carrier-related operations of Siemens into a new company, to be called Nokia Siemens Networks. The 50-50 joint venture will create a global leader with strong positions in important growth segments of fixed and mobile network infrastructure and services.