- Siemens expands portfolio for industry software
- CD-adapco a leader in computational fluid dynamics (CFD) simulation
- Purchase price of $970 million
Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CD-adapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines including Fluid Dynamics (CFD), Solid Mechanics (CSM), heat transfer, particle dynamics, reactant flow, electrochemistry, acoustics and rheology. Last fiscal year, CD-adapco had over 900 employees and revenue of close to $200 million with software-typical double digit margins. On average, CD-adapco increased its revenue at constant currencies by more than 12 percent annually over the past three fiscal years. Siemens expects this business to continue to experience strong growth in the future.
- Lines 2 and 4 for Peru's capital city Lima
- Power supply fed by hydroelectric power plants
- Airport connected to mass transit network
Siemens was contracted by Ansaldo STS to electrify the entire metro line 2 as well as the roughly 8-kilometer-long first phase of line 4 in Lima. The two new metro lines will connect additional city districts and the international airport to the capital's mass transit network. This project will not only boost the city's development but also reduce CO2 emissions, because roughly 80 percent of the energy required for rail electrification is provided by hydroelectric power plants. Passenger service is due to start on the first section as of 2017. The remaining three sections will follow by 2021.
Siemens announced today that it has started a 15-year technical support and spare parts supply agreement with the U.S. passenger rail operator Amtrak for its 70 new Siemens ACS-64 electric locomotives in operation on the Northeast Corridor. This is Siemens' largest technical support contract for passenger locomotives to-date in the U.S. In 2010, Amtrak ordered 70 Amtrak Cities Sprinter electric locomotives from Siemens. The first locomotives are already in passenger service.
- Third automation project in a row for Metro Paris
- Rail technology reduces travel time and energy consumption
- Start of passenger service planned for 2020
Siemens received an order from the Paris public transport operator RATP (Régie Autonome des Transports Parisiens) to equip the 27 stations of Paris Metro Line 4 with signaling and operations control systems. Fully automatic operation can increase the capacity of this line by up to 20 percent because trains will be able to run at shorter headways.
In response to partly misleading media reports ‒ most recently in the Mittelbayrische Zeitung under the headline "Siemens knew" ‒ regarding the involvement of Siemens in the planned strategic realignment of Osram AG, Siemens comments as follows:
- Framework contract for up to 1,380 vehicles
- Confirmed order for 106 trains
- First delivery in 2020
- Service on the Ringbahn and southeastern feeder lines
S-Bahn Berlin GmbH has signed a framework contract with the consortium of Stadler Pankow GmbH and Siemens for the delivery of up to 1,380 vehicles. A firm order was placed for the first 106 trains. The 85 four-section and 21 two-section trains have a high triple-digit million-euro order volume. S-Bahn Berlin, a subsidiary of Deutsche Bahn, plans to use the new trains on the Ringbahn lines (S 41 and S 42) as well as on the system's southeastern feeder lines S 47, S 46 and S 8. These lines comprise roughly one-third of the entire S-Bahn network in Berlin. The first ten vehicles will be ready to enter service as of 2020. Subsequently, all remaining vehicles will be delivered continuously to the Berlin system up to 2023. The vehicles will be manufactured and assembled at the Berlin plant operated by Stadler Pankow GmbH.
- Siemens rail technology improves safety and traffic flow
- Connects metropolitan areas of Berlin, Leipzig, Erfurt, Nuremberg and Munich
- Competitive and environmentally friendly alternative to road and air transport
As part of the 8th German Unity Transport Project (VDE 8), Siemens and its consortium partner Kapsch CarrierCom Deutschland GmbH are currently equipping the new section from Ebensfeld via Erfurt to Halle/Leipzig with railway control, signaling and GSM-R technology. Passenger operation has now commenced on the first stage from Erfurt to Halle/Leipzig. As a world first, conventional fixed signals are no longer being used. Communication between the vehicle and the line is transmitted via the GSM-R digital Global System for Mobile Communications – Rail. This permits speeds of up to 300 km/h and enables trains to travel at shorter intervals, thus increasing the throughput.
- Largest-ever railway automation order for Siemens – 340 million euros
- Expansion of passenger and freight transport
- Rail engineering permits speeds of up to 160 km/h und increases throughput
Siemens is to supply the signaling, safety and control systems for the 140 km long-distance rail network in the Algiers metropolitan area. The order will be carried out by ESTEL RA, a joint venture of state-run Algerian Railways SNTF (Société Nationale des Transports Ferroviaires) and Siemens. "As rail automation market leaders, we are supplying state-of-the-art technology to Algeria: cross-border rail services at up to 160 km/h for passengers and freight, shorter headways and greater line utilization", says Jochen Eickholt, CEO of the Mobility Division at Siemens. The order volume for Siemens amounts to some 340 million euros and is the biggest rail automation order that the company has ever won.
- Three shareholder representatives proposed for early re-election
The Supervisory Board of Siemens AG wants to ensure continuity in the long-term, successful implementation of the company's Vision 2020 strategy beyond the next regular re-election of shareholder representatives to the Supervisory Board in January 2018. Based on the Nominating Committee's recommendation, the Supervisory Board has therefore decided to propose to the Annual Shareholders' Meeting of Siemens AG on January 26, 2016 the early reelection of Dr. Nicola Leibinger-Kammüller, Jim Hagemann Snabe and Werner Wenning for terms extending until the Annual Shareholders' Meeting in 2021 in order to ensure their continued participation in the Supervisory Board beyond 2018.
- New unit to create more space for founder and startup culture
- Innovation funds of €100 million for employee ideas
- New research centers in China and Munich
- Company-wide Sinalytics platform for digital services
- Nine researchers honored for around 650 inventions
In the current fiscal year 2016, Siemens will invest around €4.8 billion in research and development (R&D) – some €300 million more than last fiscal year. R&D investment has thus increased about 20 percent since fiscal 2014. A major part of the additional funds is earmarked for automation, digitalization and decentralized energy systems. In fiscal 2015, research intensity ‒ defined as the ratio of R&D expenditures to revenue ‒ was 5.9 percent, an increase of 0.3 percentage points over the prior year. The company is also launching a bundle of measures to further increase its power of innovation.