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46 Press releases
Munich, Dec 01, 2016
The joint venture between Valeo and Siemens starts operation immediately. The name of the new company is Valeo Siemens eAutomotive GmbH and will be managed by Louis Pourdieu (CEO) and Peter Geilen (CFO).
One year after the launch of its decarbonization program, Siemens is already making significant advances in reducing its carbon footprint. The company was able to cut its CO2 emissions from 2.2 million tons in fiscal 2014 to 1.7 million tons in fiscal 2016. A major portion of the carbon dioxide savings – 200,000 tons – were achieved at locations in Germany.
Munich, Nov 30, 2016
Siemens AG has appointed Cedrik Neike and Michael Sen to its Managing Board. The company is also reorganizing responsibilities within the board. These steps will rejuvenate the Siemens Managing Board and lay the basis for accelerating the implementation of Vision 2020.
Munich, Nov 22, 2016
Werner von Siemens, born on December 13, 1816, would have turned 200 years old this year. On November 29, Siemens is marking the anniversary of its company founder's birth by holding a gala event in the Mosaikhalle (Mosaic Hall) at its headquarters in Berlin. In addition to German Chancellor Angela Merkel, more than 100 prominent guests representing government, business, science, culture and the media are expected. Joe Kaeser, President and CEO of Siemens AG, will open the ceremony. Nathalie von Siemens, a great-great-granddaughter of Werner von Siemens, Managing Director and spokesperson of the Board of Siemens Stiftung and a member of the Supervisory Board of Siemens AG, as well as Gerhard Cromme, Chairman of the company's Supervisory Board, will also give speeches in honor of the company founder.
Munich, Nov 17, 2016
Siemens and Atos have decided to further strengthen their strategic alliance. The companies will further increase the funding of their joint innovation investment program by an additional €80 million to €230 million. On the fifth anniversary of the Siemens-Atos Alliance in late October, the Alliance Board expressed their satisfaction about the performance of the business collaboration, which continues over-achieving the expectations by far. Since 2011 Siemens and Atos have achieved a joint order intake of more than €1.7 billion.
Munich, Nov 14, 2016
Siemens is further building its Vision 2020 to shape Digital Industrial Enterprise by expanding its unique portfolio for industrial software. Siemens and Mentor Graphics (NASDAQ: MENT) ("Mentor") today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion.
Munich, Nov 10, 2016
"The fiscal year just ended was one of the strongest in the history of our company. Setting aside portfolio divestments, it was actually the best. We worked hard and I am proud of what our global team has achieved. In fiscal 2017 we will continue working with full concentration on the execution of Vision 2020," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.
Siemens intends to further develop its healthcare business, Siemens Healthineers, and give it even greater flexibility in implementing its growth plans. To this end, the company is planning to publicly list its healthcare business.
Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. Siemens and Bentley Systems will initially invest at least Euro 50 million in developing joint solutions to enlarge their respective offerings for infrastructure and industry to the benefit of the end-customers.
Munich, Nov 02, 2016
Lakshmikanth "Lak" Ananth (43) has been appointed to head Siemens' new next47 startup unit, effective November 15, 2016. An India-born U.S. citizen, Ananth joins Siemens from Hewlett Packard Pathfinder, the venture capital program at Hewlett Packard Enterprise (HPE), where he spent the past two years building HPE's investment and partnership program. He was previously responsible, among other things, for business strategy and corporate development at HPE and for the acquisition of early-stage technology companies. Ananth has also worked in the venture capital and corporate development at Cisco.