In the presence of German Chancellor Olaf Scholz, Siemens today held the groundbreaking ceremony in Berlin for one of Europe’s largest urban development projects: Siemensstadt Square. The project is a blueprint for the effective design of urban brownfield development projects and industrial transformation worldwide. Siemens CEO Roland Busch, Digital Industries CEO Cedrik Neike and media representatives, among others, were present at the ceremony.
- Ramp up of global investment in new high-tech factories,
innovation labs and education centers to expand leadership in digitalization, automation
and sustainability
- Total investments
of €2 billion mainly in manufacturing capacity expansion to be disclosed this year
- Following investments in Germany and
in the U.S., Siemens expands its production network and R&D capacities in Asia
- New high-tech factory in Singapore announced
today to serve growing markets in Southeast Asia
- Expansion of digital factory in
Chengdu to boost further
growth in China
- Additional investments in Europe and U.S. to be
announced
To boost future growth, drive innovation and increase
resilience, Siemens today presented its investment strategy which includes €2
billion mainly for new manufacturing capacity as well as innovation labs,
education centers and other own sites. Siemens today announced a new high-tech factory in
Singapore, to serve the booming Southeast Asia markets.
Due to
impacts from the coronavirus pandemic and the geopolitical environment, as well
as broader macroeconomic effects of inflation, the food and beverage (F&B)
industry has been facing major challenges, which range from fractured supply
chains to inflation-induced higher prices. As a result, more and more companies
in the F&B industry are acknowledging the need to intensify their efforts in
embracing digital transformation. Regarding optimization, the F&B industry
is focused on two aspects: first, it aims to streamline processes for maximum
efficiency and enhance supply chain resilience. Second, it strives to achieve
sustainability goals. Yet, its ultimate priority is to remain competitive in
the market.
- Siemens and Desert Technologies launch joint venture Capton Energy to develop and invest in solar and smart infrastructure in the Middle East, Africa and Asia
- Capton Energy aims to invest in projects of 1GW in aggregate and boost the supply of clean, stable and affordable power in under-served markets
Siemens and Desert Technologies have
launched a joint venture to develop and invest in solar and smart infrastructure in Africa,
the Middle East and Asia, as
announced today at Expo 2020 Dubai. The venture, Capton Energy – which aims to build
up a portfolio of investments in projects with an aggregate capacity of more
than 1 gigawatts (GW) – will support projects providing clean, reliable, and affordable energy in areas that need it most.
- Smart Infrastructure completes acquisition of Brightly, a leader in
cloud-based asset and maintenance management software
- Acquisition puts Siemens in pole position to address fast-growing software
market for buildings and built infrastructure
Siemens Smart Infrastructure (SI), the frontrunner in digital buildings, has
completed the acquisition of Brightly Software, a leading U.S.-based software-as-a-service
(SaaS) provider of asset and maintenance management solutions. The acquisition elevates
SI to a leading position in the software market for buildings and built
infrastructure. It adds Brightly’s well-established cloud-based capabilities across
key sectors – education, public infrastructure, healthcare, and manufacturing –
to Siemens’ digital and software know-how in buildings. Brightly’s addition to
the Siemens portfolio accelerates the build-up of SI’s SaaS business, enabling
the companies to deliver superior performance and sustainability for built
infrastructure.
- Smart Infrastructure (SI) to acquire Brightly, a leader in
cloud-based asset and maintenance management software
- Perfectly complements Siemens’ digital offerings for buildings, with
strength in asset and energy management
- Acquisition puts Siemens in pole position to address fast-growing
software market for buildings and built infrastructure
- Purchase price of USD 1.575 billion plus earn-out
Siemens Smart Infrastructure (SI), the frontrunner in digital buildings, has
signed an agreement to acquire Brightly Software, a leading U.S.-based software-as-a-service
(SaaS) provider of asset and maintenance management solutions. The acquisition elevates
SI to a leading position in the software market for buildings and built
infrastructure. The purchase price is USD 1.575 billion, plus an earn-out. The
acquisition will add Brightly’s well-established cloud-based capabilities across
key sectors – education, public infrastructure, healthcare, and manufacturing –
to Siemens’ digital and software know-how in buildings. It also accelerates the
build-up of Siemens’ SaaS business and enables Siemens and Brightly together to
deliver superior performance and sustainability for built infrastructure. Brightly
is expected to benefit from Siemens’ global presence, while Siemens leverages the
software provider’s footprint in the U.S. market. Siemens will realize significant
synergies between Brightly’s capabilities and its own portfolio with an
expected mid-triple-digit million net present value. The transaction is subject
to regulatory approvals, with closing expected in calendar year 2022. The
acquisition will be EPS
accretive pre-PPA in the second year after closing.
- Annual Shareholders’ Meeting to be held
in virtual format on February 9, 2023
- Dr. Regina E. Dugan (Wellcome Leap
Inc.), Keryn Lee James (former CEO of the ERM Group, and expert for
sustainability) and Martina Merz (thyssenkrupp AG) nominated for election to
Supervisory Board
- Reelection of four other Supervisory
Board members proposed:
Dr. Werner Brandt (Chairman of the Supervisory Board of RWE AG),
Benoît Potier (Chairman of the Board of Directors of ĽAir Liquide S.A.),
Dr. Nathalie von Siemens (member of supervisory boards) and
Matthias Zachert (Chairman of the Board of Management of LANXESS AG)
- Michael Diekmann, Dr. Norbert Reithofer
and Baroness Nemat Shafik to leave Supervisory Board
- Supervisory Board and Managing Board propose increasing dividend to €4.25,
up from €4.00 in prior
year
Siemens AG
today published the notice for its next ordinary Annual Shareholders’ Meeting
on February 9, 2023. The Managing Board of Siemens AG has decided, with
Supervisory Board approval, that the Annual Shareholders’ Meeting will again be
held as a virtual event. In addition, the Supervisory Board has proposed the election
of three new members. Approval from the Annual Shareholders’ Meeting for all of
the Supervisory Board’s election proposals would mean that, in the future, half
of the ten shareholder representatives on the Supervisory Board would be female.
As part of its sustainability commitments, the company will, for the first
time, offset the carbon emissions caused by sending nearly a million
invitations.
Siemens has recently been contacted by groups and individuals expressing their opinion on the Adani Carmichael coal mine project in Queensland, Australia.
The
historical Siemensstadt will be transformed into a new working and living
environment. With Siemensstadt2, Siemens is planning to implement the largest
development project in its history.
To whom it may concern,First of all, I do want to thank you for the countless
mails, social media engagements and personal meetings over this important matter.
The vast majority has been addressing their concerns clearly and with respect.
For me, this only underscored the importance and the need to diligently look
into the issue at hand. Especially, the messages I’ve received from Australian
people have moved me personally, when they described that their homes and their
country is burning and suffering from these terrible fires.Even though we do not have clear evidence that the wildfires
and this project are directly connected, I feel empathy for all those, who
spoke up and warned about worsening conditions. Siemens, as one of the first companies
to have pledged carbon neutrality by 2030, fundamentally shares the goal of
making fossil fuels redundant to our economies over time.