- Siemens to acquire Supplyframe, a leading and fast-growing
marketplace for the global electronics value chain
- Combining Supplyframe’s knowhow with Siemens’ leading software
enables customers to innovate and develop products faster
- Supplyframe to be the nucleus of Siemens’ digital marketplace
strategy
- Closing of transaction expected in fourth quarter of fiscal year
2021
Siemens has signed an agreement to acquire
Supplyframe, a leading Design-to-Source platform for the global electronics
value chain, for USD 0.7 billion. The transaction unlocks significant value for
customers of Supplyframe and Siemens, providing seamless and quick access to
both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will
help customers to reduce costs, increase agility and make highly informed
decisions. The acquisition also strengthens the Siemens portfolio through
Software as a Service (SaaS) – not only in the field of Electronic Design
Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into other
domains and technology fields.
We released our second quarter results for fiscal 2021 on May 7, 2021. The conference call for journalists and the analyst was broadcasted live.
- Strong and profitable growth companywide
- Adjusted EBITA margin rose to 15.1 percent (Q2 2020: 12.1 percent), Adjusted EBITA Industrial Businesses soared 31 percent to €2.1 billion
- Revenue increased sharply to €14.7 billion (Q2 2020: €13.8 billion), with orders strong at €15.9 billion (Q2 2020: €14.7 billion)
- Net income more than tripled to €2.4 billion (Q2 2020: €697 million)
- Successful portfolio management: one-time gain of about €0.9 billion on sale of Flender GmbH
- Excellent free cash flow of €1.2 billion (Q2 2020: €134 million)
- Guidance for 2021 raised again – expected net income of €5.7 billion to €6.2 billion, excluding effects in connection with the acquisition of Varian Medical Systems Inc.
With an excellent second quarter, Siemens AG followed on seamlessly from its successful start to the fiscal year. Despite a persistently challenging macroeconomic environment, influenced among other things by the COVID-19 pandemic, and negative currency translation effects, development across all company business areas continued to be positive. In line with these results, Siemens is again raising its guidance for fiscal 2021 and now expects companywide revenue growth of 9 percent to 11 percent on a comparable basis (previous forecast: mid- to high-single-digit growth) and net income of between €5.7 billion and €6.2 billion (previous forecast: €5.0 billion to €5.5 billion).
- Dr. Dirk Didascalou to become new Chief Technology Officer of Siemens Digital Industries, effective September 1, 2021
- Dr. Didascalou joins Siemens AG from Amazon Web Services and has a strong track record in areas such as R&D, IoT, cloud and mobile computing
Effective September 1, 2021, Dr. Dirk
Didascalou will become Chief Technology Officer (CTO) of Siemens Digital
Industries (DI).
- #HeartBeatFinal: For the last FC
Bayern Munich game of the 2020/21 season, we’re asking fans to measure their
heart rate during the match
- #WeKickCorona: Every measured
heartbeat will support social services
- #FCBayernPulse: This data project
from Siemens and FC Bayern Munich calculates match intensity based on heart
rates and various match data
The #HeartBeatFinal
Bundesliga match between FC Bayern Munich and FC Augsburg on May 22, 2021 is all
about a good cause – and about the heartbeat of Bayern fans. They will be measuring
their heart rates during the game for #FCBayernPulse, a joint data project from
Siemens and FC Bayern Munich. Siemens will donate
1 euro cent per measured
heartbeat to #WeKickCorona: The initiative was founded by Bayern professionals
Joshua Kimmich and Leon Goretzka to help social institutions that are in
financial difficulties due to the Corona pandemic.
- Kraus to succeed Martina Maier, who is leaving the company at her
own request
Effective May 1, Annette Kraus (45) will be
the new Chief Compliance Officer at Siemens AG and will head the company’s
global Compliance Organization. She succeeds Martina Maier (54), who is leaving
the company at her own request for personal reasons.
Shifting freight transport to rail has its limitations. Therefore, a share of this transport will need to be carried out by trucks that combine reliable service with minimum environmental impact. The eHighway system is twice as efficient as conventional internal combustion engines. This Siemens Mobility innovation supplies trucks with power from an overhead contact line. This reduces local air pollution and contributes significantly to the decarbonization of the transport sector.
Clarissa Haller, Head of Global Communications at Siemens AG, is leaving the company by mutual agreement.
- Dr. Xiao Song appointed Chairman,
President and CEO Siemens Ltd., China, and President and CEO Siemens Greater China,
effective May 1, 2021
- Lothar Herrmann to end his tenure at Siemens
China on April 30, 2021, and return to Germany
Effective May 1, 2021, Dr. Xiao Song has
been appointed the new Chairman, President and CEO of Siemens China,
succeeding Lothar Herrmann, whose delegation is ending after more than seven
years at the company’s helm. As CEO, Dr. Xiao Song will assume all his predecessor’s responsibilities.