Tag Archives: Roland Busch

Siemens AG Announces Executive Appointments to Propel Digital and Sustainable Transformation

(IN BRIEF) The Supervisory Board’s decisions reflect Siemens’ commitment to accelerating its strategic initiatives and driving significant value creation. With these leadership changes, Siemens is well-positioned to continue its growth trajectory and support its customers’ transformation journeys. For more information, … Read the full press release

Siemens Reports Resilient Second-Quarter Performance Amidst Market Challenges

(IN BRIEF) Siemens AG showcased a robust second-quarter performance, with revenue holding steady at €19.2 billion and orders reaching €20.5 billion, marking a 12 percent decline from the previous year. The company’s industrial software business exhibited strong growth, particularly in … Read the full press release

Siemens and Foxconn Forge Alliance to Revolutionize Smart Manufacturing and Sustainability

(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release

Siemens Unveils Groundbreaking Innovations for Sustainable Industrial Transformation at Hannover Messe 2024

(IN BRIEF) At Hannover Messe 2024, Siemens unveils an array of cutting-edge technologies aimed at fostering sustainable transformation in the industrial sector. Among the highlights are the integration of Siemens Industrial Copilot into various industries, showcased in collaboration with partners … Read the full press release

Siemens AG Extends Contracts for CEO Roland Busch and Digital Industries CEO Cedrik Neike

(IN BRIEF) Siemens AG’s Supervisory Board has confirmed a five-year contract extension for President and CEO Roland Busch, effective from April 1, 2025, signaling support for Siemens’ strategic direction under Busch’s leadership. The extension reflects confidence in Busch’s track record … Read the full press release

Deutsche Bahn Completes ICE 4 Fleet with “Spree” Train

(IN BRIEF) Deutsche Bahn (DB) celebrated the completion of its ICE 4 fleet with the delivery of the 137th train, named “Spree,” in Berlin. The event was attended by key figures including Richard Lutz, CEO of DB, and Roland Busch, … Read the full press release

Siemens and NVIDIA Accelerate Industrial Metaverse Vision

(IN BRIEF) Siemens and NVIDIA have announced an expanded collaboration aimed at advancing the development of the industrial metaverse. Through the integration of NVIDIA Omniverse Cloud APIs into the Siemens Xcelerator platform, immersive visualization capabilities powered by generative AI technology … Read the full press release

Siemens at CES 2024: Bridging Reality and the Metaverse with Immersive Engineering and Generative AI

(IN BRIEF) Siemens has unveiled innovations at CES 2024 that aim to enable the industrial metaverse, bridging the gap between the real and digital worlds. The company announced partnerships with Sony and AWS to introduce immersive engineering solutions and make … Read the full press release

Siemens and AWS Partner to Bring Generative AI to Software Development for All Industries

(IN BRIEF) Siemens and Amazon Web Services (AWS) are collaborating to democratize generative AI in software development. Siemens will integrate Amazon Bedrock, which offers high-performing AI models, into its low-code platform, Mendix. This partnership aims to empower domain experts across … Read the full press release

Siemens Announces Virtual Annual Shareholders’ Meeting in February 2024, Proposes Increased Dividend, and Highlights Strong Fiscal Year Performance

(IN BRIEF) Siemens AG has revealed plans for its Annual Shareholders’ Meeting scheduled for February 8, 2024, to be held in a virtual format, following approval at the 2023 Annual Shareholders’ Meeting. The company’s Chairman of the Supervisory Board, Jim … Read the full press release

Siemens AG Boosts Stake in Siemens Ltd. India, Accelerating Separation from Siemens Energy

(IN BRIEF) Siemens AG has taken significant steps to support the stability and accelerate the separation of Siemens Energy AG in India. Siemens plans to enter into a share purchase agreement to acquire an 18% stake in Siemens Ltd. India … Read the full press release

Siemens Invests $150 Million in High-Tech Manufacturing Plant to Support U.S. Data Centers and Infrastructure

(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release

Siemens and DMG MORI Introduce Industry-Defining Digital Twin for Machine Tool Processing

(IN BRIEF) Siemens and DMG MORI have launched an industry-defining digital twin for machine tool processing on the Siemens Xcelerator Marketplace. This digital twin, based on the Digital Native CNC Sinumerik One, includes a replica of the control system, machine … Read the full press release

Siemens and Siemens Healthineers Donate €1 Million for Earthquake and Flood Victims in Morocco and Libya

(IN BRIEF) Siemens AG and Siemens Healthineers have jointly pledged €1 million in immediate assistance to aid earthquake and flood victims in Morocco and Libya. The companies have also encouraged their employees to contribute to the relief efforts, with every … Read the full press release

Siemens Unveils Climate-Neutral R&D Campus in Zug, Switzerland, to Advance Sustainable Building Technologies

(IN BRIEF) Siemens has officially opened its new Research and Development (R&D) facility in Zug, Switzerland, marking the completion of a seven-year, CHF250 million investment in its climate-neutral campus. The inauguration ceremony was attended by Swiss Economy Minister Guy Parmelin, … Read the full press release

Siemens AG and Siemens Healthineers AG extend their aid campaign in support of Ukraine

More than €12 million for aid projects and humanitarian organizations to date Siemens continues to match all employee donations to Siemens Caring Hands e.V. More than 60 aid projects implemented by different organizations Focus on support for improving access to … Read the full press release

Siemens AG et Siemens Healthineers AG prolongent leur campagne d’aide en faveur de l’Ukraine

Plus de 12 millions d’euros pour des projets d’aide et des organisations humanitaires à ce jour Siemens continue de faire correspondre tous les dons des employés à Siemens Caring Hands e.V. Plus de 60 projets d’aide mis en œuvre par … Read the full press release

Siemens Mobility to buy NL based leading provider of cloud-based solutions aimed at public transport operators for EUR 550 million

Siemens Mobility acquires Sqills, a leading Software as a Service (SaaS) provider for inventory management, reservation, and ticketing software Acquisition advances Siemens’ strategy to increase the availability, capacity, and utilization of public transportation Sqills complements the Siemens Mobility software portfolio … Read the full press release

Leadership change at Siemens AG: long-serving President and CEO Joe Kaeser to step down after more than 40 years at the company

Annual Shareholders’ Meeting in virtual format due to corona pandemic Siemens bids farewell to Joe Kaeser after more than 40 years at the company Total shareholder return more than doubled since Kaeser took office in 2013 Roland Busch new President … Read the full press release

Siemens AG on Varian acquisition by Siemens Healthineers: a transformational step of this kind wouldn’t have been possible in Siemens AG’s old conglomerate structure

Transformational milestone in execution of Siemens’ Vision 2020+ strategy Siemens Healthineers intends to acquire 100 percent stake in U.S. healthcare company at a purchase price of around $16.4 billion Acquisition to create global leader in cancer research and therapeutics and … Read the full press release