- TÜV SÜD certifies that the Siemens Simatic PCS 7 process control system conforms with the security standards IEC 62443-4-1 and IEC 62443-3-3
- Simatic PCS 7 is the first product to be certified by TÜV SÜD according to IEC 62443
- Comprehensive security measures and functions to protect plant operation
Siemens is the first company to obtain security certification from TÜV SÜD (German inspection and certification organisation) for an automation system based on IEC 62443-4-1 and IEC 62443-3-3. In August 2016, Siemens had already become the first company to receive the TÜV SÜD security certification according to IEC 62443-4-1 for the general development process for automation and drive technology products, including industrial software, employed at seven German development locations. This has now been followed by the first product certification according to IEC 62443-4-1 and 62443-3-3.
- German Chancellor Merkel to attend ceremony in Berlin on November 29
- About 100 guests from government, business, science, culture and media
Werner von Siemens, born on December 13, 1816, would have turned 200 years old this year. On November 29, Siemens is marking the anniversary of its company founder's birth by holding a gala event in the Mosaikhalle (Mosaic Hall) at its headquarters in Berlin. In addition to German Chancellor Angela Merkel, more than 100 prominent guests representing government, business, science, culture and the media are expected. Joe Kaeser, President and CEO of Siemens AG, will open the ceremony. Nathalie von Siemens, a great-great-granddaughter of Werner von Siemens, Managing Director and spokesperson of the Board of Siemens Stiftung and a member of the Supervisory Board of Siemens AG, as well as Gerhard Cromme, Chairman of the company's Supervisory Board, will also give speeches in honor of the company founder.
- Strategic alliance marks fifth anniversary
- Joint order intake of over €1.7 billion since 2011 achieved for joint customers
- Funding for joint innovation investment program increased to €230 million
- Ambition to further accelerate joint business until 2020
Siemens and Atos have decided to further strengthen their strategic alliance. The companies will further increase the funding of their joint innovation investment program by an additional €80 million to €230 million. On the fifth anniversary of the Siemens-Atos Alliance in late October, the Alliance Board expressed their satisfaction about the performance of the business collaboration, which continues over-achieving the expectations by far. Since 2011 Siemens and Atos have achieved a joint order intake of more than €1.7 billion.
- Siemens to acquire design automation and industrial software provider Mentor Graphics for $37.25 per share
- Mentor Graphics is a pioneer and leader in design automation software ranging from Integrated Circuit (IC) and System-on-Chip (SoC) design to automotive electronics solutions
- Siemens becomes unique digital industrial player to offer mechanical, thermal, electrical, electronic and embedded software design capabilities on a single integrated platform
Siemens is further building its Vision 2020 to shape Digital Industrial Enterprise by expanding its unique portfolio for industrial software. Siemens and Mentor Graphics (NASDAQ: MENT) ("Mentor") today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion. The offer price represents a 21% premium to Mentor's closing price on November 11, 2016, the last trading day prior to the announcement. Mentor's Board of Directors approved and declared advisable the merger agreement, and Mentor's Board of Directors recommends the approval and adoption of the merger agreement by the holders of shares of Mentor common stock. Mentor shareholder Elliott Management has committed to support the transaction.
With the recent closing of its acquisition of electronic design automation (EDA) software leader, Mentor Graphics Corporation, Siemens sets out to underscore the significant customer value it envisions for both Electronic Systems and Integrated Circuit (IC) design tools. Mentor is now part of Siemens' product lifecycle management (PLM) software business, making the combined organization the world's leading supplier of industrial software used for product design, simulation, verification, testing and manufacturing.
- Orders and revenue both 5% higher compared to fiscal 2015, at €86.5 billion and €79.6 billion, respectively, for a book-to-bill ratio of 1.09; excluding currency translation effects, orders and revenue both up 6%
- Industrial Business profit up 13%, at €8.7 billion; strong increases in Power and Gas, Energy Management, and Wind Power and Renewables and growth in other Divisions and Healthineers, more than offsetting a substantial decline in Process Industries and Drives
- Industrial Business profit margin reached 10.8%, with all industrial businesses except Process Industries and Drives within their target ranges
- Net income of €5.6 billion reflects the strong operating performance; fiscal 2015 net income of €7.4 billion included €3.0 billion related to divestments of the hearing aid business and Siemens' stake in BSH Bosch und Siemens Hausgeräte GmbH (BSH)
- Basic earnings per share (EPS) of €6.74, above the raised target range announced in the third quarter; basic EPS of €8.84 a year earlier included €3.66 related to the sale of the hearing aid business and the BSH stake
- Siemens proposes a dividend of €3.60 per share
"The fiscal year just ended was one of the strongest in the history of our company. Setting aside portfolio divestments, it was actually the best. We worked hard and I am proud of what our global team has achieved. In fiscal 2017 we will continue working with full concentration on the execution of Vision 2020."
- Public listing planned
- Leading position to be expanded
Siemens intends to further develop its healthcare business, Siemens Healthineers, and give it even greater flexibility in implementing its growth plans. To this end, the company is planning to publicly list its healthcare business.
We released our fourth quarter results and preliminary figures for fiscal year 2016 on November 10, 2016. The Press Conference and the Analyst Call were broadcast live.
- To realize new growth opportunities in industry and infrastructure through integration of complementary digital engineering models
Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. Siemens and Bentley Systems will initially invest at least Euro 50 million in developing joint solutions to enlarge their respective offerings for infrastructure and industry to the benefit of the end-customers. This work will uniquely leverage new cloud services for a connected data environment to converge respective digital engineering models from both companies. In addition to those elements of the agreement, approximately Euro 70 million of secondary shares of Bentley's common stock have been acquired by Siemens, under a company program that will continue until such time as Bentley Systems' stock is publicly traded.
The discovery of the dynamo-electric principle has brought about greater changes to the way our society lives than practically any other scientific breakthrough. By inventing the dynamo machine, not only did Werner von Siemens help bring about the advent of electrical machinery, he was also instrumental in accelerating and facilitating industrial processes. Seen from the perspective of society, this completely changed accepted concepts of time and mobility.