The information contained
herein is not for publication or distribution, directly or indirectly, in or into
any jurisdiction where to do so would be prohibited by applicable law.
- Extraordinary Shareholders’ Meeting to be held in virtual format
- Siemens AG to spin off 55 percent of Siemens Energy to shareholders
- One Siemens Energy share for every two Siemens shares
- Siemens Energy to start with S&P Global investment-grade rating of “BBB”
- Initial listing of new shares planned for September 28, 2020
Siemens shareholders will vote on the spin-off of Siemens AG’s energy business at an Extraordinary Shareholders’ Meeting today. Due to the restrictions imposed on public events by the coronavirus crisis, the shareholders’ meeting will be held in a virtual-only format – that is, without the shareholders or their proxies being present in person. To ensure complete transparency, a livestream at
www.siemens.com/agm-service will provide shareholders and their proxies with audio and video coverage of the entire event via the Internet. Siemens shareholders had until July 7, 2020, to submit questions electronically. The proposal to approve the Spin-off and Transfer Agreement that Siemens AG and Siemens Energy AG concluded on May 22, 2020, is the only item on the meeting agenda.
- Using proven hardware and software, Siemens develops a solution for social distancing at the workplace
- Companies can simulate and manage the possible risks to their employees while at the same time increasing the productivity of their plants
- Simatic Real-time Locating Systems (RTLS) plus SieTrace software provide location information which customers can use to control their manufacturing processes and to design their operating procedures future-proof
Siemens uses a combination of hardware and software to offer a new solution for the challenges that companies face as a result of the Covid-19 pandemic. The solution enables companies to quickly and efficiently control how employees interact with one another, with the production line and with the plant setup. The integrated digital twin helps the company to simulate the safety of employees, to test and optimize the setup of work areas, to validate safety measures, and thus to design future-proof production lines.
- Co-CEO Sabrina Soussan to leave the company at her own request
- Michael Peter stands for strong expertise in digitalization and
connectivity as well as for continuity in Siemens Mobility’s top management
Michael
Peter will be Siemens Mobility’s sole CEO, effective July 10, 2020. Sabrina Soussan,
who has been his Co-CEO until now, will leave the company at her own request to
take on a new challenge outside Siemens AG. Until her contract ends on December
31, 2020, Ms. Soussan will remain available to Siemens Mobility in an
advisory capacity.
The information contained
herein is not for publication or distribution, directly or indirectly, in or
into any jurisdiction where to do so would be prohibited by applicable law.
- Long-term “BBB” issuer rating,
outlook stable
- S&P praises low indebtedness and
extensive liquidity
- First listing for Siemens Energy still
planned for September 28, 2020
In its first
credit rating, Siemens Energy AG, which will soon be operating as an
independent entity, has earned a solid investment grade rating from the S&P
Global rating agency (S&P). The company received a long-term issuer rating
of “BBB” with a stable outlook. The raters particularly praised the company’s
broad base in the energy sector, its low level of debt, and its extensive
liquidity.
- Global partnership to being extended for another three years
- Cooperation involves FC Bayern’s soccer and basketball sections
- Strong focus on sustainability and digital solutions in infrastructure
After three
successful seasons, Siemens and FC Bayern Munich have extended their collaboration
for three more years. The global technology powerhouse and the sport club with
the most championship titles in German soccer are lengthening their “Performance
Partnership” until the end of the 2022/23 season. The focus will remain on
future-oriented solutions and innovative technologies as well as on infrastructure-related
digital products and solutions.
- Acquisition expands Xcelerator portfolio and creates data-driven product lifecycle management solutions for system-on-chip (SoC)
- Integration of cybersecurity, functional safety, and the management of complexity can enhance product quality, safety, and time-to-revenue across industries ranging from automotive and factory automation to high-performance computing
Siemens has signed an agreement to acquire Cambridge,
UK-based UltraSoC Technologies Ltd., a provider of instrumentation and
analytics solutions that put intelligent monitoring, cybersecurity and
functional safety capabilities into the core hardware of system-on-chip (SoC).
Siemens plans to integrate UltraSoC’s technology into the Xcelerator portfolio as part
of Mentor’s Tessent™ software product suite. The addition of UltraSoC to Siemens enables a
unified data-driven infrastructure that can enhance product quality, safety and
cybersecurity, and the creation of a comprehensive solution to help semiconductor
industry customers overcome key pain points including manufacturing defects, software and hardware
bugs, device early-failure and wear-out, functional safety, and malicious
attacks.
- Addition of E/E systems development capabilities to Capital, the leading solution for the design, manufacture and service of electrical systems, enables support for software architectures, communication networks & AUTOSAR compliant embedded software within the Xcelerator portfolio
- Integrated capabilities can be used to design and assess E/E systems and enables support for integrated end-to-end model-based design, manufacturing and service domains
Siemens Digital Industries Software
announces today an expanded
Capital
™ electrical/electronic
(E/E) systems development software portfolio. Building upon leading Capital
capabilities for design, manufacture and service of electrical systems, the
portfolio is now expanded to encompass E/E system and software architectures, network
communications and embedded software development. As part of the
Xcelerator portfolio
of
software, services and application development platform, Capital is integrated with
adjacent Siemens solutions, including the Teamcenter® portfolio for product
lifecycle management, NX™ software for mechanical design and Mendix low code
development environments, which creates the world’s most comprehensive E/E systems
development solution to efficiently engineer today’s smart products.
- Solution combines elements of Siemens’ Xcelerator portfolio and IBM Maximo to continuously improve product performance, maintenance and operations
- Establish a digital thread between product design, equipment manufacturers and owner/operators to help reduce equipment downtime and increase production capacity
Expanding on their long-term partnership, Siemens and IBM (NYSE: IBM) announce the availability of a new solution designed to optimize the
Service Lifecycle Management (SLM) of assets by dynamically connecting
real-world maintenance activities and asset performance back to design
decisions and field modifications. This new solution establishes an end-to-end
digital thread between equipment manufacturers and the owner/operators of that
equipment by leveraging elements of the Xcelerator portfolio from Siemens Digital Industries Software and IBM Maximo®.
- NX offers unconstrained concept design sketching within the 3D environment to help increase productivity
- NX software, part of Siemens’ Xcelerator portfolio, is a leading solution for building the most comprehensive digital twin
Siemens Digital Industries Software is announcing a new solution for capturing
concepts in 2D. The new NX™ Sketch software tool revolutionizes sketching
in CAD, which is an essential part of the design process. By changing the
underlying technology, users are now able to sketch without pre-defining
parameters, design intent and relationships. Using Artificial Intelligence (AI) to infer relationships on the fly, users can move away
from a paper hand sketch and truly create concept designs within NX™ software. This technology offers
significant flexibility in concept design sketching, and makes it easy to work
with imported data, allowing rapid design iteration on legacy data, and to work
with tens of thousands of curves within a single sketch. With these latest
enhancements to NX, Siemens’ Xcelerator portfolio continues to bring together great technology, even within the core
of modelling techniques, helping remove the traditional barriers users have
experienced to dramatically improve productivity.
- Teamcenter X, a new software as a service solution, allows companies of all sizes to quickly implement, scale, and integrate industry-leading PLM technology
- Access to Teamcenter on the cloud helps enable quicker creation and delivery of a complete digital twin, with multi-domain design and bill of materials integration
Siemens Digital Industries Software announces Teamcenter® X software, a new product lifecycle management (PLM) solution delivered as a service. Created with product
innovators in mind, Teamcenter is a modern, highly scalable and industry proven
PLM suite that connects people and processes across functional disciplines. Teamcenter
X is the new software as a service (SaaS) offering, helping enable companies of
all sizes to quickly realize value, without the IT resource traditionally associated
with on-premises PLM deployments. Teamcenter X offers the convenience of
choosing from preconfigured engineering and business solutions that deliver immediate
value, with the flexibility to add more capabilities as business needs grow. Teamcenter
X brings the power of the cloud to all users, to help reduce time-to-market and
connect distributed, cross-disciplinary teams while improving effectiveness and
efficiency at any scale.