Tag Archives: Industrial Drive Technology Business

Siemens AG to Acquire ebm-papst’s Industrial Drive Technology Business

(IN BRIEF) Siemens AG announces its acquisition of ebm-papst’s industrial drive technology (IDT) business, which specializes in intelligent, integrated mechatronic systems for various applications, including free-range driverless transport systems. This strategic move, involving around 650 employees, aims to enhance Siemens’ … Read the full press release