We will release our fourth-quarter results and the preliminary figures for fiscal 2024 on November 14, 2024 at 07:00 am CET. The press conference and the analyst call will be broadcasted live starting at 08:00 am CET.
- Siemens Logistics to be sold to Vanderlande for €300 million
- Transaction expected to close in the course of calendar year 2025
- For Siemens, another step in portfolio optimization as a leading technology company
Siemens AG has agreed to sell its Siemens Logistics business to Vanderlande, a company owned by Toyota Industries Corporation. Vanderlande is a leading global partner for future-proof logistic process automation in the warehousing, airports, and parcel sectors, and with that will be a strategic long-term owner for Siemens Logistics. The purchase price (enterprise value) is €300 million. Closing is expected in the course of calendar year 2025, subject to regulatory approvals.
- Acquisition of Altair Engineering Inc., a global leader in computational science and artificial intelligence software, strengthens Siemens’ position as a leading technology company
- Creates the world's most complete AI-powered design and simulation portfolio
- Altair shareholders to receive USD 113 per share, representing an enterprise value of USD 10 billion; the offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024
- Siemens expects to achieve significant cost and revenue synergies
- The transaction is expected to be EPS (pre-PPA) accretive by year two post-closing
Siemens has signed an agreement to acquire Altair Engineering Inc., a
leading provider of software in the industrial simulation and analysis market. Altair
shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents
a 19% premium to Altair's unaffected closing price on October 21, 2024, the
last trading day prior to media reports regarding a possible
transaction. With this acquisition Siemens strengthens its position as a leading
technology company and its leadership in industrial software.
- Customized IoT smart hospital platform with 2,000 asset tags and 7,000 IoT sensors improves patient experience and optimizes operations at Kantonsspital Baden
- Open platform, part of Siemens Xcelerator, enables development, setup, and scaling of additional use cases
- Siemens has supplied an app-based navigation system to help patients and staff find their way around the hospital
- Real-time location services allow staff to locate critical assets, saving time and increasing operational efficiency
Partnering with Kantonsspital Baden (KSB) in
Switzerland, Siemens Smart Infrastructure will deploy technologies and digital
services from the Siemens Xcelerator portfolio to create one of the country’s
smartest hospitals. The project, a demand-driven, customized Internet of Things
(IoT) platform with over 7,000 IoT sensors, will ensure a user-centric patient
experience, improved patient care, increased energy efficiency, and optimized
operations.
- Siemens and Microsoft
have taken the Siemens Industrial Copilot to the next level, to handle
demanding environments at scale
- Over 100 customers in Europe and
the US are using the Siemens Industrial Copilot to improve efficiency, cut
downtime, and address labor shortages
- thyssenkrupp Automation
Engineering is planning a global roll out of the Copilot beginning 2025
- More than 120,000 engineers can now leverage the Copilot, upskilling
experts and workers in programming with GenAI
Siemens is revolutionizing industrial automation with Microsoft. Through
their collaboration, they have taken the Siemens Industrial Copilot to the next
level, enabling it to handle the most demanding environments at scale. Combining
Siemens’ unique domain know-how across industries with Microsoft Azure OpenAI
Service, the Copilot further improves handling of rigorous requirements in
manufacturing and automation.
- Siemens chosen as technology partner of Alliander, a major Dutch network company, for flexibility management
- Strategic partnership to tackle critical challenges of energy transition, especially reducing capacity restraints
- Implementation of Siemens’ Gridscale X platform to extend grid utilization in the Netherlands by up to 30 percent, serving 3.5 million energy customers
Siemens and Alliander, a major Dutch network company, with its daughter company Liander, the biggest Dutch distribution system operator (DSO) in the Netherlands, have entered a strategic partnership to accelerate the energy transition and tackle key challenges in distribution grid management. Siemens’ Gridscale X platform will be used by Alliander to reduce grid congestion and increase grid utilization. It is estimated that this partnership could extend the grid usage in the Netherlands by 10 to 30 percent.
- Siemens'
Depot360 Managed Services to optimize charging and ensure stable operations for
Unibuss' electric bus fleets at two depots
- Part of
Siemens Xcelerator, the AI-powered solution addresses the unique challenges of
operating large EV fleets, especially in harsh winter conditions
- Enables data-driven
decisions to lower energy costs, reduce cost-per-mile, and increase route
completion rates
- Contract
marks the first Depot360 customer in Norway
Siemens Smart Infrastructure has secured a contract
with Unibuss, one of the leading bus operators in
the Greater Oslo region, to
deliver its innovative Depot360 Managed Services solution to ensure optimized
operations of its fleet and charging infrastructure. With Norway at the
forefront of the global transition to electric mobility, this contract
establishes Siemens' Depot360 footprint in the country.
- Optimized
use of space in withdrawable designs
- Reduction
of installation expenses
- Innovative
Single Pair Ethernet (SPE) communication physics optimized for withdrawable
design
- Scalable
functionality thanks to licensable device features
Siemens has launched SIMOCODE M-CP, an efficient and
future-proof motor management product series, especially tailored for motor
control centers (MCC). The new product series complements the existing SIMOCODE
portfolio and is designed to optimally meet the requirements of motor control
centers. SIMOCODE M-CP introduces a new standard in the industry with its
compact design, advanced functionality, and compatibility with Ethernet-based
communication. In the future, SIMOCODE M-CP can be adapted to different operational
requirements by purchasing licenses that enable additional functions depending
on the application. Motor control centers are designed to efficiently
distribute power to motors, enable precise control and monitoring, and offer
protection against overloads, short circuits, and other electrical faults. The
industries in which motor control centers are used range from chemicals,
tunnels and infrastructure, pulp and paper, mining and steel to water and
wastewater.
- Complete data transparency down to the field level
- Field-level load feeders are seamlessly integrated into the automation system
- Detection of faults, deviations, and maintenance requirements facilitates diagnosis and enables preventive maintenance
With the SIRIUS 3RC7 intelligent link module,
Siemens now offers a quick and easy way to gain complete data transparency down
to the field level. The plug-and-play expansion module combines information
technology (IT) and operational technology (OT) with minimal installation and
commissioning effort. This means that the data available at the load feeders
can be used efficiently. As part of the leading automation concept Totally
Integrated Automation (TIA) from Siemens, the SIRIUS 3RC7 intelligent link
modules are seamlessly integrated into the existing automation environment.
SIRIUS 3RC7 is part of the SIRIUS modular system, the comprehensive portfolio
for industrial controls.
- Acquisition
to enhance Siemens’ fire suppression portfolio with high-pressure water mist
- Strategic
step to drive growth in key industries and accelerate transition towards
sustainable fire suppression
Siemens Smart Infrastructure has agreed to acquire Danfoss
Fire Safety, which specializes in fire suppression technology and is a subsidiary
of Denmark-based Danfoss Group. The acquisition is expected to boost growth and
accelerate the transition towards offering a sustainable fire safety portfolio.