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.
- 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.
- Leading technology company Siemens and ServiceNow, the AI platform for business transformation, announced a new collaboration at the ServiceNow World Forum in Munich, Germany
- The collaboration helps transform shopfloor security and operations with Siemens Xcelerator
- New offering combines Siemens’ Sinec Security Guard and the Siemens Industrial Copilot with ServiceNow’s workflow automation
Siemens and ServiceNow today announced a new collaboration, that debuted at the ServiceNow World Forum in Munich. The companies intend to enhance industrial cybersecurity and drive the integration of generative AI into shopfloor operations. This mutual cooperation leverages Siemens' Sinec Security Guard for industrial vulnerability management and the Siemens Industrial Copilot for generative AI-powered automation – with ServiceNow providing the workflow automation needed to streamline and enhance factory operations.
Nuremberg, November 12 – 14,
2024
- Electric vehicle (EV) startup standardizes on Teamcenter X and NX to
reduce IT overhead, enhance accessibility across development teams and
supply chain
Siemens Digital Industries Software announced today that Workhorse Group Inc.
(Workhorse), an American technology company focused on pioneering the transition
to zero-emission commercial vehicles, has adopted the Siemens Xcelerator portfolio
of industrial software, enabling the company to streamline activities across its
development teams and supply chain as it builds electric trucks for sustainable last
mile delivery.
- World Economic Forum’s Global Lighthouse Network honors leading manufacturing sites
- AI, digital twins, and robotics have increased productivity at Erlangen factory by 69 percent and reduced energy consumption by 42 percent
- Successful launch of in-house semiconductor production for high-performance frequency converters
The World Economic Forum (WEF) has announced that the Siemens factory in Erlangen, Germany, will become a Digital Lighthouse Factory, part of its the Global Lighthouse Network. The award recognizes leading technology companies that are at the forefront of applying fourth industrial revolution technologies. By following the Green Lean Digital approach, which combines innovative technologies and sustainable practices, the plant has made significant progress, increasing productivity by 69 percent and reducing energy consumption by 42 percent in four years.
- Opening concert performed by the Kyiv Symphony
Orchestra in the presence of two Nobel laureates
- Public opening event for the conference at
100cznia in Gdansk, 6 p.m. October 13, 2024
The Kyiv Symphony
Orchestra will be performing an opening concert to mark the start of the
three-day Reclaiming Europe conference in Gdansk for the first time. The
Siemens Arts Program is responsible for the artistic direction of the opening
event, which takes place at 100cznia in Gdansk at 6 p.m. on October 13, 2024
and is open to the public. Tickets to the event are free of charge. Organized
by the Berlin-Brandenburg Academy of Sciences and Humanities, Die Junge
Akademie and other partners, the Reclaiming Europe conference will address
the resilience and future of democracy in Central and Eastern Europe.
- KPS Capital Partners is Innomotics’ new owner
- Siemens completes another step in focusing its portfolio
Siemens AG has successfully closed the sale of Innomotics
to KPS Capital Partners, LP (“KPS”) for €3.5 billion (enterprise value).
On May 16, 2024, Siemens had announced plans to sell this world-leading
supplier of electric motors and large-drive systems to
KPS.