- Siemens further sharpens its
portfolio as a focused technology company
- Purchase price of €1.15 billion,
closing expected in current calendar year
- Sale to international technology
group Körber agreed
- Mail and parcel business ideal
expansion of Körber’s portfolio, supplementing its existing Business Area Supply
Chain
- Airport logistics business to remain
part of Siemens’ Portfolio Companies
Siemens has reached
an agreement to sell the mail and parcel business of Siemens Logistics GmbH to
the Körber Group. With this transaction, approved by the Managing and
Supervisory Boards of Siemens AG, Siemens is further implementing the rigorous
sharpening of its portfolio as a focused technology company. The purchase price
totals €1.15 billion (enterprise value). Closing is expected in the course of
the current calendar year, subject to regulatory approvals. Körber is a
world-leading technology company whose Business Area Supply Chain has grown
successfully in recent years, making the company a long-term, strategic new
owner for the mail and parcel business.
- Founded in Berlin on February 8,
1902
- One of first corporate press offices
in Germany
On this day,
120 years ago, Siemens’ Central Press Office was founded in Berlin – making
Siemens one of the first German companies to professionalize its press work. This
development was preceded by a conference on the company’s “literary affairs,”
at which participants complained of an “increasing dispersion of Siemens’
newspaper, advertising and news activities.” The solution was to establish a
Central Press Office, and a Circular was issued on February 8, 1902, to
officially announce this step.
On this day, 120 years ago, Siemens’ Central Press Office was founded in
Berlin – making Siemens one of the first German companies to professionalize
its press work. This development was
preceded by a conference on the company’s “literary affairs,” at which
participants complained of an “increasing dispersion of Siemens’ newspaper,
advertising and news activities.” The solution was to establish a Central Press
Office, and a Circular was issued on February 8, 1902, to officially announce
this step.
- Simulytic, a Siemens venture, accelerates the move to safe, autonomous mobility
- Risk intelligence for Autonomous Vehicle insurance
- Simulytic translates big simulation data outputs into tailored insurance insights
Simulytic, a Siemens Insurtech venture, analyses the safety and impact
of autonomous vehicles, translating big simulation data outputs into tailored
insurance insights. With the
appointment of Alex Gerodimos as Chief Growth Officer (CGO), Simulytic has made
an important strategic addition to the leadership team.
The central artery of the Copenhagen S-train network is now in operation
with a new Communications-Based Train Control System (CBTC) provided by Siemens
Mobility.
- First pilot project with a solar power generation capacity of 45 megawatts and hydroelectric capacity of 36 megawatts in Thailand
- Software enables use of real-time data for analytics and decision making
- Driving clean energy use and reducing carbon emissions
The Electricity Generating Authority of Thailand (EGAT) has moved forward
with its policy of using clean energy and reducing carbon dioxide emissions
with smart technology by deploying Siemens' SICAM Microgrid Control and
Photovoltaic Plant Control to balance the energy mix generated by the world's
largest Hydro-Floating Solar Hybrid Project at Sirindhorn Dam, Ubon Ratchathani
Province. The project with a solar power generation capacity of 45 megawatts and a hydroelectric capacity of 36 megawatts, capable of generating electricity from renewable sources day
and night, recently began commercial operation, acclaimed as the first of its
kind in Thailand.
- Atlantia S.p.A. to acquire Yunex Traffic from Siemens Mobility for €950 million
- Closing expected by September 2022
- Yunex Traffic is a leader in intelligent road traffic solutions
- Siemens continues to sharpen its portfolio as focused technology
company
Siemens Mobility today signed an agreement to divest Yunex Traffic, the international road traffic business, to Atlantia S.p.A. The Managing Board and Supervisory Board of Siemens AG have approved the planned transaction. The purchase price is €950 million (enterprise value). Closing is expected by September 2022, subject to the relevant regulatory approvals. Yunex Traffic is a leader in innovative and intelligent infrastructure and traffic solutions for roads and cities. As a global leader in mobility infrastructure technology and services, Atlantia is a long-term, strategically oriented new owner for Yunex Traffic.