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.
- 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.
- The Science Based Targets initiative has validated
Siemens’ 2030 and 2050 science-based net-zero targets
- Siemens’
near- and long-term emissions reduction targets align with the SBTi Net-Zero
Standard, supporting the company’s commitment to a low-carbon future
Siemens is pleased to announce the confirmation of its updated emissions
reduction targets by the Science Based Targets initiative (SBTi). Supporting
the company’s commitment to fostering a low-carbon future, Siemens’ near- and
long-term targets are now aligned with the SBTi Net-Zero Standard for Scope 1,
2, and 3 targets for 2030 and 2050. The SBTi Net-Zero Standard is the world’s
leading framework for corporate net-zero target-setting in line with climate
science. SBTi provides standards, guidance, and tools for companies to set
emissions reductions targets. This confirmation by the SBTi validates Siemens’
science-based net-zero approach which is fully aligned with the Paris
Agreement.
- Memorandum of Understanding signed to drive digital transformation
through strategic projects across all three business sectors of Merck
- Siemens named one of the global preferred suppliers for Merck's next-level
automation, boosting global smart manufacturing with Siemens Xcelerator
platform
- Merck's cutting-edge production, enabled by Siemens, sets new standards
in modular manufacturing
Merck, a leading science and technology company, and Siemens, a leading
technology company deepened their mutual cooperation aimed at taking smart
manufacturing to the next level today. Cedrik Neike, CEO Digital Industries and
Member of the Managing Board of Siemens AG, and Kai Beckmann, CEO
Electronics business and Member of the Executive Board of Merck, signed a
Memorandum of Understanding (MoU) to expand cooperation in Smartfacturing
(short for Smart Manufacturing) and outline the next steps for both companies. The
MoU makes Siemens a preferred global supplier and strategic partner for
Smartfacturing technologies, paving the way for transformative projects across
Merck's three business sectors.
Tobias Atzler (48) will lead Investor Relations at
Siemens AG, effective October 1, 2024. He will be responsible for engaging
with the financial markets and for fostering relationships with investors and
financial analysts and will report to Ralf P. Thomas, Siemens’ Chief Financial
Officer.
Ralf Thomas said, “With his many years of comprehensive
experience in the investor relations area, his profound understanding of the
capital markets and his excellent leadership qualities, Tobias Atzler is the
ideal candidate and a proven expert for this important role. I’m looking
forward to working with him and wish him much continued success.”
Simon Krause
(38) has been appointed as Head of Global Media Relations and Executive Communications
at Siemens AG, effective October 1, 2024. Krause will be responsible for global
media relations and coordinating executive communications and will report to
Lynette Jackson, Siemens’ Chief Communications Officer.
"I very
much look forward to working with Simon in his new role. He is a strong
professional, with a passion for technology and outstanding creativity, as well
as excellent media experience. His role will build on a strong foundation, working
across our businesses, to protect and build the reputation of Siemens as a
leading technology company around the world," said Lynette Jackson.