- Siemens intends to acquire 18% in
Siemens Ltd. India for a purchase price of 2.1 billion euro
- Siemens and Siemens Energy will
jointly propose to the Board of Directors of Siemens Ltd. India to separate the
energy business by way of a demerger
- Simplification of corporate setup in
one of the fastest growing and strategically important markets
- Siemens has agreed with Siemens
Energy indirect financial measures totaling one billion euro to allow third
parties to arrange guarantees for Siemens Energy
Siemens AG has taken measures to support the stability
of Siemens Energy AG and accelerate separation in India – in the best possible
interests of all parties. Specifically, Siemens intends to enter into a share
purchase agreement with Siemens Energy to acquire an 18% stake in Siemens Ltd.
India from Siemens Energy for a purchase price of 2.1 billion euro in cash.
This would increase Siemens’ stake in the publicly listed Siemens Ltd. India from
51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With
the intended acquisition, Siemens and Siemens Energy accelerate unbundling the
business activities of the Indian subsidiary of Siemens. The
purchase price reflects a customary discount of 15% on the 5-trading-days volume-weighted
average price before the day of signing. Siemens will provide no new guarantees to Siemens Energy.
- HMH,
s.r.o is the manufacturer of the MIREL, a train protection system for Slovakia,
Czech Republic, Hungary, and Poland
- Acquisition
strengthens Siemens Mobility's position as a leading rail infrastructure provider in Europe
Siemens Mobility has completed the
acquisition of HMH, s.r.o., a Slovakian-based technology company, that offers
the MIREL national train protection system for Slovakia, Czech Republic, Hungary,
and Poland. With this acquisition, Siemens
Mobility is now able to offer a complete train protection portfolio covering
the Eastern European rail corridors. HMH will remain based in Bratislava,
Slovakia, and will be integrated into Siemens Mobility’s Rail Infrastructure
business unit.
- Siemens and Schaeffler integrate generative AI-powered assistant in a production machine – world premiere at SPS trade show
- Industrial Copilot will optimize engineering and support operations – and it’s easy, fast and efficient
- Industrial Copilot is key to addressing the qualified workforce shortage
Technology company Siemens
is harnessing the power of generative artificial intelligence (AI) to help
industrial companies drive innovation and efficiency across the design,
engineering, manufacturing and operational lifecycle of products. At the Smart
Production Solutions (SPS) trade show in Nuremberg, Siemens and the motion
technology company Schaeffler are showcasing a production machine that is augmented
with the Industrial Copilot for the first time. The two companies are demonstrating
how the Industrial Copilot can augment Siemens’ industrial automation
engineering and operation solutions.
- Aspern Smart City Research (“ASCR”) commissions Siemens to roll out new
low-voltage software, LV Insights® X, to aspern Seestadt in Vienna
- LV Insights® X, part of the Siemens Xcelerator portfolio, will enable ASCR to
create a digital twin of its distribution grid, enabling flexible network
management
- The new software could reduce power outages by 30 percent
Siemens continues to enable its customers globally to accelerate the energy transition, most
recently through the implementation of its low-voltage software to Aspern Smart City
Research (“ASCR”) in Vienna. Using Siemens’ next generation grid management software,
LV Insights® X, ASCR will be able to visualize the entire low-voltage network of aspern
Seestadt, a part of Vienna. aspern Seestadt is one of Europe's largest urban development
projects. With a digital twin, ASCR can identify critical segments, increase the usable
capacity of its grid, and integrate more renewable energy without additional grid expansion,
supporting their decarbonization efforts.
-
Delivery
of 10 Vectron MS multi-system locomotives
- From
the Dutch North Sea to the Mediterranean without changing locomotives
Beacon Rail, a rolling stock leasing company, has ordered 10
Vectron MS multi-system locomotives from Siemens Mobility. Beacon Rail plans to
have the locomotives operate along the Rhine-Alpine corridor and between the
North Sea ports and the European hinterland. This order will give Beacon Rail an
overall portfolio of 170 Vectron locomotives.
- The most advanced future energy grid simulation hub of its kind in Australia
now available for industry and academia
- $5.2 million Hub at Swinburne’s Hawthorn campus features some of the world’s
most advanced digital technology from Siemens
- Hub simulates digital twin of Australia’s energy grid, enabling future energy
scenarios mapping
Siemens and Swinburne University of Technology have launched the most advanced future Energy Transition Hub of its kind in Australia at the University’s Hawthorn campus in Melbourne.
- Norwegian distribution system operator, Elvia, to use Siemens’ SaaS product, LV Insights® X, to automate processes and handle grid complexity in the LV grid
- LV Insights® X, part of the Siemens Xcelerator portfolio, has been operational at Elvia in conjunction with Spectrum Power TM 7 ADMS since October 2023
- Partnership will enable future-proof distribution grid management in Norway, one step further on the journey towards autonomous grids
Siemens’ software has been deployed to Norwegian distribution system operator (DSO) Elvia, with the goal to future-proof its distribution grid management. Siemens’ low voltage software, LV Insights® X, and advanced distribution management system, Spectrum PowerTM 7 ADMS, are now operational and will provide Elvia with relevant insights to flexibly manage its grid and increase capacity fast. With LV Insights® X, Elvia is able to leverage existing data and create a digital twin to monitor the status of the grid, resulting in optimized outage management. This leads to cost-savings, improved grid stability and ultimately, customer satisfaction.
- Total U.S. investments to support high-growth
markets like data centers, batteries, semiconductors, EV charging and rail transportation
- New
US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure
equipment to help power U.S. data centers and accelerate adoption of
artificial intelligence (AI)
- Already announced: US$220 million rail
manufacturing plant to bolster U.S. infrastructure and mobility
- All investments to create a total of around 1,700
jobs in the U.S.
- Part of €2 billion global investment strategy to boost growth, innovation and
resilience
Today, Siemens announced an
investment of US$150 million in a new high-tech manufacturing plant in
Dallas-Fort Worth to help power American data centers and critical
infrastructure. This plant will produce state-of-the-art reliable and efficient
electrical equipment. It will enable accelerated growth of U.S. data centers, which
is being driven by the exponential adoption of generative AI. It will also ensure
secure operation of critical infrastructure. This investment specifically
supports long-term customers in the data center space, where demand is expected
to grow by around ten percent annually through 2030.
- Companies introduce Siemens
Industrial Copilot, a generative AI-powered assistant, designed to enhance
human-machine collaboration and boost productivity.
- Companies will work together to
build additional copilots for manufacturing, infrastructure, transportation,
and healthcare industries.
- Leading automotive supplier,
Schaeffler AG, is an early adopter of Siemens Industrial Copilot.
- In addition, the Siemens Teamcenter
app for Microsoft Teams will be generally available in December 2023 and
accelerate innovation across the product lifecycle.
Microsoft and Siemens are deepening their partnership by bringing the
benefits of generative AI to industries worldwide. As a first step, the
companies are introducing Siemens Industrial Copilot, an AI-powered jointly
developed assistant aimed at improving human-machine collaboration in
manufacturing. In addition, the launch of the integration between Siemens
Teamcenter software for product lifecycle management and Microsoft Teams will
further pave the way to enabling the industrial metaverse. It will simplify
virtual collaboration of design engineers, frontline workers, and other teams
across business functions.
- Opportunities from European Unitary Patent,
above all, in digital technologies
- Offerings on Siemens Xcelerator platform
can be protected much more effectively with European Unitary Patent
Siemens is
at the forefront of unitary patent applications. The European Unitary Patent – together
with the associated Unified Patent Court (UPC) – started in June 2023.
Since then, the European Patent Office has received more than 12,000
applications for the new European Unitary Patent – most of these applications
came from Siemens.